HOUSTON – November 14, 2018 (GLOBE NEWSWIRE – RigNet, Inc. (NASDAQ: RNET) , a global leader in customized communications services, announced today that it has signed a memorandum of understanding with Arabsat, the leading satellite communications group in the Middle East and North Africa, to provide the most comprehensive data protection across the Arabsat satellite network.
In partnership, RigNet and Arabsat will target the immediate and growing cybersecurity threat of satellite eavesdropping and network data breaches. Arabsat will begin offering RigNet’s CyphreLink to provide military-grade encryption for location to location communications over satellite and terrestrial networks. CyphreLink™ is an innovative cybersecurity service that provides full data protection with virtually no impact on network latency or performance over satellite or terrestrial networks. The hardware-based encryption enables military-grade data security, with little to no overhead on the payload. CyphreLink prevents eavesdropping and potential data breaches.
“Arabsat is committed to providing its customers with the most secured connectivity,” said Eng. Khalid Balkheyour, President & CEO of Arabsat. “We are determined to accelerate our efforts to provide managed cybersecurity solutions in the region, and with the growing cyber threats, RigNet was the natural partner, providing the industry’s best cybersecurity solution: CyphreLink. Arabsat takes great pleasure in announcing this partnership with RigNet and providing our customers a great added value in securing end-to-end connectivity. This partnership emphasizes that we take cybersecurity for our customers very seriously.”
“As one of the world’s top satellite operators and the leading satellite services provider in the Arab world, Arabsat wants to ensure their customers have the most advanced cyber protection,” says RigNet, President & CEO, Steven Pickett. “We’re excited to partner with Arabsat and provide them with RigNet’s CyphreLink, our best-in-class network-encryption service; it will enable them to maintain the highest level of data protection and network security for their customers.”
RigNet and Arabasat anticipate executing a binding, definitive agreement for the distribution of CyphreLink in the near future.
About RigNet:
RigNet is a global technology company providing customized communications services, applications, real-time machine learning, and cybersecurity solutions to enhance customer decision-making and business performance. RigNet delivers a digital transformation bundle that accelerates technology adoption and empowers customers to be always connected, always secure, and always learning. RigNet is headquartered in Houston, Texas with operations around the world.
