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Market Chatter: Sky Perfect JSAT Expects Higher Demand for Satellite Imagery Services from Southeast Asia

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SKY Perfect JSAT (TYO:9412) expects higher demand for its satellite imagery and analytics services across Southeast Asia amid rising maritime tensions with China, Nikkei Asia reported Friday.

Southeast Asian governments seek more cost-effective surveillance capabilities amid higher regional tensions, the Japanese satellite broadcaster's CEO Eiichi Yonekura reportedly told Nikkei in an interview.

Shares of SKY Perfect JSAT fell 2% at market close.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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