Jio Platforms on Monday forayed into the satellite communications market with a partnership with Luxembourg-based space technology firm SES to deliver affordable broadband services. Both the firms will form a joint venture — Jio Space Technology — which will use multi-orbit space networks, which are a combination of geostationary (GEO) and medium earth orbit (MEO) satellite constellations, to deliver broadband services. Jio will hold a 51% stake in the JV, while the remaining 49% will be held by SES. Last month, Bharti Airtel had formed a JV with Hughes Communications to provide satellite broadband services in the country, utilising the capacity of low earth satellite (LEO) firm OneWeb. But unlike Bharti, Jio will utilise GEO and MEO satellites for providing services. The joint venture will have availability of up to 100 Gbps capacity from SES and will leverage Jio's premiere position and sales reach in India to unlock this market opportunity.