PANARCTIC COMMUNICATIONS AND GALAXY BROADBAND COMMUNICATIONS FORM NEW ARCTIC TELECOM COMPANY

PANARCTIC COMMUNICATIONS AND GALAXY BROADBAND COMMUNICATIONS FORM NEW ARCTIC TELECOM COMPANY
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Iqaluit, NU Canada, April 27, 2023 — Panarctic Communications, a whole -owned subsidiary of Qikiqtaaluk Corporation and Galaxy Broadband Communications, a wholly-owned subsidiary of Crown Capital Partners Inc. (TSX: CRWN), announced today that they have formed a new telecom company to service Canada’s Arctic – InukNet Communications Inc. (“InukNet”).

InukNet is an Inuit controlled internet service provider (ISP) that aims to become the leading telecommunications service provider in Northern Canada by combining world-class technologies with local knowledge and culture. InukNet’s initial roll-out will cover all 25 communities in Nunavut by end of 2023 with additional communities located in Northwest Territories, and the Nunavik region of Northern Quebec in 2024. InukNet will be supported by locally hired employees and in addition to being the fastest available internet in the North, InukNet’s service plans will not include fees for data overages.

Harry Flaherty, President & CEO of Qikiqtaaluk Corporation says: “InukNet will provide the Northern territories with state-of-the-art internet service made possible by advances in satellite technology. Connection to the community is vital to success in Canada’s Northern communities and our vast history of supporting local businesses, large enterprises, and governments and we are excited to launch InukNet for the benefit all of the Canadian Arctic.”

Rick Hodgkinson, founder and CEO of Galaxy Broadband Communications states: “It’s a new era in communications with Low Earth Orbit (LEO) satellites and new high powered Ka band Geostationary (GEO) satellites that offer higher speeds with low latency and network resilience. InukNet will be a carrier grade network with world leading security and engineered to integrate multiple gateways, teleports, and local distribution.”

Jean-Francois Bouchard, Director PanArctic Communications comments: “We are excited about this new Inuit driven solution that we expect to being offering within the next few weeks. Businesses will now be able to use the latest applications including TEAMs video calls because of our low latency service which will allow them to be more productive, efficient and happier employees. One of our community distribution points will our Data Center here in Iqaluit and we will provide our clients with 24×7 technical support that businesses can count on.”

About Panarctic

PanArctic Communications Inc. is Nunavut’s first 100% Inuit-owned telecommunications service provider. PanArtic provides fast, reliable and secure broadband services across the Inuit Nunangat by building, owning and operating a state-of-the-art telecommunications systems.

https://www.qcorp.ca/qc-services/panarctic-communications-inc/

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About Galaxy Broadband

Galaxy is a leading remote communications provider in North America with over 30 years of experience servicing the Canadian market with satellite and terrestrial wireless solutions. Based in Mississauga, Ontario and with sales offices, teleports facilities, and warehousing across Canada, Galaxy offers a full suite of leading-edge communication solutions to the resources, government, communities and commercial markets across the country. Galaxy is committed to offer its customers the very best in class services to deliver a predictable, reliable and resilient solution to their remote connectivity needs supported by a world class support capability. www.galaxybroadband.ca

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Galaxy is a Crown Capital Partners Inc. Company
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