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Satellite operator OQ Tech secures €13m in Series A round to expand 5G IoT fleet

Luxembourg-based 5G IoT satellite operator OQ Technology has secured €13 million ($12.9 million) of new investment in a Series A funding round to develop its own tech solutions, acquire more spectrum, and expand its satellite constellation, the company has said. The funding round was...

Ingenu to launch 72 LEO satellites into space – to build ‘largest space IIoT network’

IoT connectivity company Ingenu has announced a plan to launch 72 satellites into space to support low-power machine communications for the smart energy, manufacturing, agriculture, cities, logistics, oil and gas, and mining sectors. The San Diego firm has struck a deal with Arizona-based Phantom...

What is LEO, and how will LEO satellites transform the IoT sector?

Satellite connectivity, spurred by new projects from the likes of Amazon and SpaceX, will support 24 million IoT connections by 2024, bringing new competition to established IoT technologies like LoRaWAN, Sigfox and NB-IoT. While the burgeoning IoT market scratches it head at the array of...

Amazon and SpaceX to drive 24m surge in satellite IoT connections by 2024

Satellite connectivity, spurred by new projects from the likes of Amazon and SpaceX, will support 24 million IoT connections by 2024, bringing new competition to established IoT technologies like LoRa, Sigfox and NB-IoT. While the burgeoning IoT market scratches it head at the array of...