Business
Here’s why the Beam (ASX:BCC) share price is trekking upwards
The Beam Communications Holdings Ltd (ASX: BCC) share price is on the move today following news of another ZOLEO contract order. During mid-afternoon trade, the satellite telecommunications company’s shares are up 3.7% to 28 cents.
Established in 2002, Beam Communications designs, manufactures and sells satellite communication equipment. The company’s products include satellite terminals, modems, accessories and related services. Some of the world’s largest satellite and telecommunications companies such as Iridium, Telstra Corporation Ltd (ASX: TLS), KDDI, Inmarsat, and Thuraya currently use Beam’s products.
ZOLEO is the world’s…
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