For additional information, see https://avealto.com/walt-anderson-founder-ceo

WALT ANDERSON - Biographical Information

Walt Anderson has played a major role in the development of the competitive
telecommunications industry in the USA and Europe. He has demonstrated a consistent track
record of creating shareholder value: his four most significant companies were all successful, and
collectively generated shareholder value of approximately US$2.1 Billion.
Mr. Anderson has also been a trailblazer in the commercial development of outer space, both
commercially and through his charitable and educational activities, including the co-founding of
the International Space University in 1988.
In 2007 New Scientist Magazine named him one of the “Top 10 influential space thinkers”.
Current Activity
2013 – now Avealto Limited (London)
Founder and CEO
Walt Anderson founded Avealto in 2013, to finance, construct and operate a fleet of High
Altitude Platforms (“HAPs”) to provide telecom infrastructure services.
Avealto is in the final stages of developing a commercially viable HAP design to provide
telecom infrastructure. Avealto received a Certificate of Airworthiness from the US Federal
Aviation Administration in August 2018 and conducted its first flight of a 28 meter (92 foot) test
vehicle in September 2018. Further testing has been conducted with this half-scale vehicle to
refine the final vehicle design.
Avealto’s baseline HAP vision is of a solar-powered lighter-than-air vehicle which will remain
on-station in the stratosphere at an altitude of 20km (65,000 feet) for missions of several months’
duration. Each HAP will provide services to a circular terrestrial footprint between 240 to 480
km (150 to 300 miles) in diameter. Unlike telecom satellites, HAPs can be recovered for
scheduled servicing and technical upgrades as required. The flexible nature of HAP provisioning
also allows multiple HAPs with overlapping coverage to be co-ordinated for improved
redundancy, capacity and quality-of-service.
The mature global Avealto system will comprise more than 200 unmanned, stratospheric, long
duration telecommunications platforms, providing mobile telephony, broadband
communications, backhaul, broadcasting and hosted payloads. Modular swappable payloads will
be tailored to suit specific locations and markets.
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HAPs can provide high quality and low cost internet access to areas all over the world that do not
currently enjoy adequate internet connectivity. HAPs will be solar-powered and, because they
are 1,000 times closer to the customer than geosynchronous satellites, power requirements for
the vehicle and ground stations will be radically reduced, as will latency.
Avealto will operate as a wholesaler, complementing existing terrestrial and satellite
infrastructure, providing rapidly deployable connectivity for rural, remote, maritime,
aeronautical and developing world customers, and integrating seamlessly with existing
infrastructure.