On 19 January 2016, the Company has incorporated IPSTAR (India) Private Limited (IPI). The authorised share capital of IPI is Rs. 3 million, divided into 3 million ordinary shares of Rs. 1 par value. The Company holds 3 million shares, equivalent to 100% shareholding. IPI was established to provide VAST technical services and technical advisory services.
On 27 May 2016 by local time at Cape Canaveral, Florida, USA (Early morning of 28 May 2016 of Thai local time), the Company successfully launched its THAICOM 8 satellite into orbit at 78.5 Degrees East. The satellite has a service life expectancy of around 16 years. The THAICOM 8 satellite consists of 24 Ku-band transponders, of which 12 transponders will provide service to cover Thailand and Indo-China , while another 12 transponders will provide switchable service between South Asia and Africa.