Mr Al Sayed noted that maritime is one of the biggest markets for satellite telecom operators, and expects that his company's new terminal, with its highly improved data capability, will make Thuraya among the best offerings for international maritime communications.

"With new high-performance omni-directional and stabilised antennas and built-in GmPRS feature, ThurayaMarine has been designed to offer quality, reliable, cost-effective and advanced satellite communications for the numerous sea-going communities," he explained.

"All these new and high-potential service innovations have been strategically designed to expand Thuraya's business portfolio, broaden its customer base and build new sustainable revenue streams."

Geo-mobile Packet Radio Service (GmPRS) can be used to run applications such as internet browsing e-mail, and Thuraya is hoping to offer the system over handheld devices that can act as a "space-based Blackberry" for users in areas uncovered by terrestrial networks.

Mr Al Sayed also confirmed that the launch date for the new Thuraya-3 satellite has been set for 28th October 2007. The new satellite is part of the company's strategic plan to expand Thuraya's current coverage towards East Asia, covering several Asia-Pacific markets including China, Japan, Korea, Malaysia, Vietnam, Indonesia, the Philippines and Australia.

"This (will transform) the company into a multi-regional satellite telecom operator, and open great horizons for continued expansion and growth," Mr Al Sayed said.

Following the launch of the satellite, Thuraya expects to complete the satellite In-Orbit Testing (IOT) by 6th December and start commercial services in Asia Pacific markets by 23rd December 2007.