Vincent Stephanopoli, BalkanSat: The COVID-19 Crisis Proves that Telecommunications and 5G are Crucial


The COVID-19 crisis proves that telecommunications are crucial and satellite systems are very efficient, said Vincent Stephanopoli, CEO of BalkanSat, during the online workshop for start-ups "Stay safe, stay smart", organizedby the company. He added that the Italian satellite network was actively used to deal with the difficult situation in the country, caused by the coronavirus outbreak.

"Proper telecommunication infrastructure provides more opportunities for the economies and communities to manage crises such as the COVID-19 outbreak. In addition, a well-developed 5G ecosystem and secure technologies enable decentralization, which is very important. My forecast for the near future is that the information will continue to circulate freely all around the world, but the production will be mostly local and people will travel less frequently", commented Vincent Stephanopoli, CEO of BalkanSat.

The online workshop „Stay safe, stay smart" was attended by Bulgarian start-ups, accelerator companies and institutions such as the Invest Bulgaria Agency. During the event important issues related to the start-up ecosystemand the investments opportunities in Bulgaria were discussed. Successful practices for dealing with crises were also shared. The event was organized by BalkanSat - a Bulgarian company, aiming to build and operate the first telecommunication satellite BALKANSAT 30B System. BalkanSat's system will provide secure communication services over the Bulgarian territory.

"We use technology that has proven to work and we want to integrate it in the Bulgarian landscape in order to encourage business. BalkanSat has the ambition to work with...

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