Oledcomm, the expert in high speed connectivity through invisible light (LiFi), announced that Pierre-Jean Beylier has joined the company as co-CEO, alongside Benjamin Azoulay, president and co-CEO, and will focus primarily on strategy, business development and marketing. As LiFi is becoming a must-have wireless broadband technology, thanks to its absolute security, low latency and stable connection, Oledcomm is adding the skills of an entrepreneur recognized in the space and defense industry, with a very international experience, especially in the U.S. and Asia-Pacific, as well as a track record in mergers and acquisitions and fundraising.
A graduate from EMLYON and USC (MBA), Beylier co-founded Speedcast in 2000 in Hong Kong, a company specializing in satellite communications and providing connectivity services and solutions, particularly to the oil industry, the maritime sector and defense customers. First in charge of business development and then from 2004 as CEO, Pierre-Jean built a global leader in satellite communications through strong organic growth and 16 acquisitions. He also led Speedcast's IPO in Sydney in 2014, which reached a market capitalization of over $1 billion at its peak. When he left Speedcast early 2020, the company had over $700 million in revenue, with 1700 employees in 40 countries.
Beylier stated the following, "I had the chance to meet Benjamin when I joined the Oledcomm Board at the end of 2020. I have been impressed by what Benjamin and his team have achieved. Oledcomm has a very innovative, mature technology that addresses new and critical needs in a number of sectors, including Defense and Space, areas I know well. I was looking for a new entrepreneurial challenge where I could bring my experience and I am therefore very happy to join Oledcomm in an operational role after having spent almost two years helping on the Board. Benjamin and I share the same passion and a common vision for Oledcomm. Oledcomm has a fantastic growth potential, which we now need to realize, and I am very motivated by this new challenge.”
Azoulay said, "I admire Pierre-Jean's inspiring entrepreneurial achievements and when I heard that he was ready for a new entrepreneurial challenge, I did not hesitate for a second and am delighted that he accepted the role of co-CEO of Oledcomm. During our numerous exchanges on the Board of Oledcomm, I could see how much we share human values, a culture of growth, a passion for innovation and a common ambition for Oledcomm, while being very complementary in our fields of expertise. After having been laureate of the prestigious EIC Accelerator competition at the end of 2021, we have reached a milestone and are now preparing the arrival of the European Innovation Fund (EIC fund) in our capital. I am convinced that the co-CEO structure has a bright future in the management of companies and is perfectly suited to Oledcomm’s future growth challenges.”