OHB, LuxSpace and OQ Technology Sign MOU to Explore Collaboration for IoT Services

LUXEMBOURG, 18 Jan 2022 (OHB SE PR) – OHB SE (OHB), one of Europe’s leading space companies, its subsidiary LuxSpace, a provider of space systems, applications and services, and OQ Technology (OQ), a global satellite operator, have signed a memorandum of understanding (MOU) to explore opportunities in the Internet-of-Things (IoT) service sector.

The cooperation between LuxSpace, OHB and OQ will include satellite-based IoT upstream and downstream activities to enhance the portfolio of services available to customers in different markets, including, but not limited to, energy, agriculture, defence and the green economy.

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NuX-1 IoT Satellite of Singapore’s NuSpace Integrated by Exolaunch to Fly on SpaceX Falcon 9 Transporter-3 Mission

A Singaporean space tech start-up will launch NuX-1 tech demo satellite in January 2022 to bring IoT connectivity to remote places

Singapore/Berlin, Germany, January 12, 2022 (NuSpace/Exolaunch PR) – NuSpace Pte. Ltd., a leading Singaporean space tech startup with a focus on IoT connectivity and data platform services and Exolaunch, a global provider of small satellite launch, in-space logistics, and deployment services announced a launch agreement for NuX-1 aboard the SpaceX Transporter-3 mission. NuSpace’s NuX-1 IoT satellite has just been integrated with the launch vehicle by Exolaunch and will be launched to a sun-synchronous orbit above 500 km aboard Falcon 9 from Cape Canaveral not earlier than January 2022 as part of SpaceX’s SmallSat Rideshare Program.

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Russia’s Sphere Satellite Constellation Moves Toward Implementation

Sphere constellation satellite orbits. (Credit: Roscosmos)
  • 264-satellite constellation will provide broadband and Earth observation capabilities
  • Russia’s first mega constellation would be deployed in medium orbit
  • Government plans to spend US $370 million through 2024

MOSCOW (Roscosmos PR) — After several stages of discussions and approvals in the government, the Federal Sphere project received a development plan supported by funding. In the coming years, emphasis will be placed on developing technologies and creating the first samples of spacecraft. The final decision on the number and composition of satellite constellations will be made based on the results shown.

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CNES Hails Success of France’s 1st Industrial Nanosatellite

Illustration of the Angels nanosatellite. (Credits: © NES / ill. / DUCROS David, 2018)

PARIS (CNES PR) — 2 years in orbit: success for the 1st French industrial nanosatellite, ANGELS, designed by Hermia, Thales Alenia Space and Syrlinks with the support of CNES and extension of its operational life!

Triumph for ANGELS, the 1st French industrial nanosatellite designed by Hemeria in collaboration with CNES, which is celebrating its two years in orbit, thus marking the end of the initial contractual commitment signed between the two partners.

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DEWA Signs Agreement with NanoAvionics to Provide Nanosatellites to Support the digitalisation of Dubai’s Power and Water Networks

Deal is part of DEWA’s Space-D programme

COLUMBIA, Ill. (NanoAvionics PR) — Dubai Electricity and Water Authority (DEWA) has selected NanoAvionics, a leading smallsat manufacturer and mission integrator company, to design, build, test, and manage the launching of two nanosatellites 3U and 6U. The services supplied by NanoAvionics also include operation, knowledge transfer and training. This is part of DEWA’s space-D programme that seeks to enhance operational efficiency and reliability, and promote preventive maintenance for the planning, generation, transmission and distribution of electricity and water networks.

Through this programme, DEWA will lead the industry in improving the operations, maintenance and planning of its networks with the support of nanosatellite technology. Space-D supports DEWA’s grid digitalisation programme by using IoT and remote sensing technologies.

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RBC Signals and Inmarsat Announce Strategic Agreement on Global IoT Connectivity

RBC Signals will use the Inmarsat global mobile satellite network to drive IoT and other data and communications services and solutions for customers.

LONDON (Inmarsat PR) — RBC Signals, global provider of satellite data communication products and solutions, today announced a strategic agreement with Inmarsat, the world leader in global mobile satellite communications. The agreement will see RBC Signals use Inmarsat’s global network to connect its range of applications and solutions for enterprise customers.

The global multi-year leasing agreement pairs Inmarsat’s worldwide ELERA and Global Xpress satellite networks with RBC Signals’ range of new and existing data and Internet of Things (IoT) applications for use across multiple verticals, including oil and gas, maritime, agriculture and utilities. RBC Signals will incorporate these latest evolutions of Inmarsat’s L-band and Ka-band networks into its applications and solutions, enabling new levels of flexibility and service customisation.

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Nanoracks to Deploy First-Ever 0.3U CubeSat from Space Station

FEES2 picosatellite. (Credit: GP Advanced Projects)

TORINO, Italy, November 23, 2021 (Nanoracks PR) — Nanoracks Europe is on track to set a new record as the company prepares to deploy the first-ever 0.3U CubeSat from the International Space Station (ISS). The satellite, named FEES2, was developed by the Italian company GP Advanced Projects and is approximately the thickness of a cherry. It will be one of the smallest trackable objects deployed directly from the Space Station.

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OQ Technology to Add Another ‘Cell Tower in Space’ to its 5G IoT Constellation

Tiger-2 satellite (Credit: NanoAvionics)

LUXEMBOURG, 17 November 2021 (OQ Technology PR) – 5G IoT satellite operator OQ Technology has announced the upcoming launch of its second ‘cell tower in space’. Ramping up its global satellite constellation for 5G IoT applications, OQ Technology’s latest mission, ‘Tiger-3’, follows the successful launch and tests of its Tiger-2 satellite in June this year.  The satellite will be launched in 2022.

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FCC Approves Market Access for Kineis Low-Earth Orbit Satellites to Support Internet of Things

WASHINGTON, November 18, 2021—The Federal Communications Commission today granted a petition from French satellite company Kinéis to offer satellite services in the U.S. market. As detailed in the company’s application, the proposed constellation of 25 small, low-Earth orbit satellites would provide connectivity for Internet of Things devices, as well as enhancements to maritime domain awareness through monitoring of maritime communication.

Kinéis petitioned the Commission for access to the U.S. market using frequencies of the non-voice, non-geostationary (NVNG) mobile-satellite service (MSS) and earth exploration satellite service (EESS) through a constellation of satellites that will be authorized by France. Adoption of this Order and Declaratory Ruling will facilitate Kinéis’s efforts to develop a satellite system to provide connectivity for IoT devices. It grants Kinéis market access in the 399.9-400.05 MHz and 401-403 MHz uplink bands, and the 400.15 401 MHz downlink band, subject to certain conditions and other requirements including the outcome of future Commission proceedings such as the orbital debris proceeding. Five of Kinéis’s satellites will actively monitor certain signals in the 156.7625-162.0375 MHz band transmitted by stations in the maritime service.

The Kinéis system would also be part of implementing the next generation Argos data collection system, an existing worldwide network of data collection satellites cooperatively managed by France’s space agency, CNES, along with NASA and NOAA.

Action by the Commission November 18, 2021 by Order and Declaratory Ruling (FCC 21-18). Chairwoman Rosenworcel, Commissioners Carr, Starks, and Simington approving.

NanoAvionics to Launch 5th Satellite Rideshare Mission with New MP42 Bus Aboard SpaceX Transporter-4

The MP42 microsat will carry payloads from OQ Technology and Veoware into low Earth orbit

BREMEN, Germany, 17 November 2021 (NanoAvionics PR) – Smallsat integrator NanoAvionics has announced its latest satellite rideshare mission “MP42” to be launched aboard a SpaceX Falcon 9 with payloads from OQ Technology and Veoware. Using the prototype of its new MP42 microsatellite bus, it is the fifth shared satellite mission by NanoAvionics, which has been one of the firsts companies in the nanosatellite industry to successfully kickstart and continue such a commercial programme. The launch of NanoAvionics’ satellite has been booked for the SpaceX Transporter-4 mission, planned for 2022.

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Fleet Space Technologies Raises $26.4 Million in Series B Round to Fund IoT Nanosat Development

Internet of Things satellite (Credit: Fleet Space Technologies)
  • Fleet Space Technologies attracts $26.4m (USD) investment valuing company at $126m (USD)
  • Series B Round oversubscribed
  • Investment confirms confidence in Fleet Space advanced satellite technology 
  • Tech drives radical Internet of Things (IoT) efficiencies 
  • Investment is firm commitment to Australia’s rapidly emerging space industry  
  • Investment creates 70 new jobs, including many desirable STEM positions 

ADELAIDE, Australia (Fleet Space Technologies PR) — Fleet Space Technologies announces that it has secured $26.4m (USD) in investment, valuing the company at $126 million (USD). This represents a major step forward for Fleet Space Technologies, which is committed to creating the world’s most advanced low-power satellite network, securing planet-wide coverage for millions of compatible Internet of Things (IoT) devices by using its in-house Nanosatellite technology. This funding will underpin significant expansion in Fleet Space’s manufacturing footprint and will expand the company’s highly skilled workforce. 

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Rocket Lab Announces Third Quarter 2021 Financial Results, Issues Guidance for Fourth Quarter

Electron launches with OHB satellite. (Credit: Rocket Lab webcast)

Q3 2021 Financial Results Highlights

  • Revenue above high end of prior guidance range at $5.3 million
  • Backlog increased from $141 million at June 30, 2021 to $183 million as of September 30, 2021, and currently stands at $237 million as of November 15, 2021
  • Space Systems revenue in the third quarter 2021 grew 360% over the same quarterly period in 2020 to represent 27% of total revenue for the nine months ended September 30, 2021
  • Successfully completed the merger with Vector Acquisition Corporation resulting in ending cash balance at September 30, 2021 of $792.7 million

Q4 2021 Guidance

  • Revenue to range between $23 million to $25 million
  • GAAP and non-GAAP gross margins of 13 percent and 27 percent, respectively
  • GAAP and non-GAAP operating expenses between $24 million to $26 million, and $19 million to $21 million, respectively
  • GAAP Net Loss between $24 million and $26 million, and Adjusted EBITDA loss of $9 million to $11 million, which reflects adjustments for stock-based compensation, 3rd party fees associated with M&A activity, depreciation and amortization, FX gains and losses, interest expense, taxes and other recurring and non-recurring items
  • All of the above exclude any warrant expense impacts from the public and private warrants assumed from the Vector Acquisition Corporation merger that closed on August 25, 2021, and also excludes any impacts from the Advance Solutions Inc. acquisition and related purchase price accounting, and excludes any financial contributions and accounting impacts from the pending Planetary Systems Corporation acquisition announced today

LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced financial results for its fiscal third quarter ended September 30, 2021.

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ESA Helps Start-ups Reach for the Stars

PARIS (ESA PR) — Four entrepreneurial small companies have won the chance to learn from senior figures at ESA and satellite manufacturer Thales Alenia Space, following an ESA-backed competition.

ESA is boosting the commercialisation of space by helping entrepreneurs to gain access to large manufacturers and to share expertise.

Representatives from nine start-up companies pitched their space-based ideas to the manufacturer during a recent event. They received one-to-one expert feedback on becoming a partner, supplier or client to Thales Alenia Space.

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OQ Technology Successfully Proofs Indoor Tracking Inside a Moving Car via its 5G IoT Nanosatellite

Company completes in orbit commissioning and will begin customer use case demonstration

Luxembourg, 25 October 2021 (OQ Technology PR) – 5G satellite operator OQ Technology has successfully completed the in orbit commissioning (IOC) of its Tiger-2 nanosatellite, and is ready to commence customer demonstrations. The company is already in talks with several potential customers interested in using the company’s satellite-based 5G IoT services and will start commercial services for “latency-tolerant” low-power devices this beginning next year.

“Completing the IOC phase and the successful tests with our terminals in remote locations was a crucial step to start generating revenue via the satellite and progress the constellation with more satellites to be launched in early 2022,” said Omar Qaise, founder and CEO of OQ Technology. “In addition to potential customers, we are also negotiating with cellular chip partners to scale up the satellite access capability to existing cellular IoT chips globally. Our next step is starting service demonstrations with our potential customers and their use cases.”

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Hiber and Inmarsat Announce Strategic Relationship to Develop Connectivity Backbone for Global IoT-as-a-Service Ecosystem

Inmarsat’s global ELERA network will enable Hiber to bring IoT solutions and services to more customers in the most remote locations across the globe.

October 12, 2021— Hiber, an IoT-as-a-service scaleup, announced that Inmarsat, the world leader in global, mobile satellite communications, will provide the satellite connectivity backbone on which Hiber will continue to build Hiberband, its revolutionary low-cost, low-power network for Internet of Things (IoT) products. 

The agreement pairs Inmarsat’s recently unveiled ELERA network, the global satellite network for IoT, with Hiber’s IoT-as-a-service ecosystem to provide easy-to-use, low power, and cost-effective IoT solutions and services to transport, logistics, agriculture, mining, and other industries worldwide. 

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