GCT and Skylo Partner to Expand Satellite Connectivity

GCT Semiconductor Holding, Inc. (“GCT” or the "Company") (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, and Skylo Technologies, Inc, a global Non-Terrestrial Network provider spanning 36 countries across 70 million square kilometres of coverage, announced a partnership to advance next-generation satellite connectivity. As part of this collaboration, the companies will jointly pursue chip and module certification to enable a new class of multi-use devices. These devices will allow customers to have ubiquitous connectivity by connecting to Skylo’s network when terrestrial connectivity is out of reach.

“This partnership marks another significant step in GCT’s commitment to powering the rapidly expanding 5G-to-space ecosystem,” said John Schlaefer, CEO of GCT. “We’re excited to deepen our collaboration with Skylo and to help accelerate the next generation of global satellite connectivity for customers and device-makers worldwide.”

“Our collaboration with GCT is a critical milestone in making global connectivity truly seamless,” said Vijay Krishnan, VP of Strategy Partnerships of Skylo. “By integrating GCT’s 3GPP-compliant silicon with Skylo’s satellite network, we are eliminating the traditional boundaries of cellular coverage. This isn’t just a technical proof of concept; it’s a demonstration of a ready-to-scale ecosystem that brings reliable, standards-based IoT connectivity to the most remote corners of the globe. We are proving that ‘always-on’ isn’t a luxury – it’s the new standard for global industry.”