OHB, LuxSpace and OQ Technology sign MOU to explore collaboration for IoT services
Press Release
From: OQ Technology
Posted: Tuesday, January 18, 2022
Luxembourg, 18 Jan 2022 – OHB SE (OHB), one in all Europe’s main house firms, its subsidiary LuxSpace, a supplier of house methods, purposes and services, and OQ Technology (OQ), a world satellite tv for pc operator, have signed a memorandum of understanding (MOU) to explore alternatives within the Internet-of-Things (IoT) service sector.
The cooperation between LuxSpace, OHB and OQ will embrace satellite-based IoT upstream and downstream actions to improve the portfolio of services obtainable to prospects in several markets, together with, however not restricted to, power, agriculture, defence and the inexperienced economic system.
Following the signature of a contract with the European Space Agency (ESA) underneath the ARTES (Advanced Research in Telecommunications System) programme, LuxSpace is creating a versatile microsatellite platform, Triton-X. With a launch mass of round 200 kg, excessive performing on-board processing and the optimisation for rideshare missions, Triton-X is completely suited for accommodating OQ’s 5G IoT payload in low Earth orbit (LEO). At the completion of the event part, the platform is predicted to be prepared for manufacturing and integration of payloads by mid-2023.
OQ’s “cell towers in space” and the corporate’s services are preferrred for purposes requiring quick and real-time knowledge processing in distant and rural areas, notably in industries similar to oil & fuel, logistics, mining, synthetic intelligence, drone management, car telematics and defence.
The settlement will even consider using different OHB house methods for the good thing about OQ.
Egbert Jan van der Veen, managing director of OHB Venture Capital mentioned: “OQ Technology is one of the most promising companies in the area of Satellite IoT we have talked to. I am very excited about the potential of their technology and looking forward to working together with the team on the upstream as well as the downstream.”
Edgar Milic, CEO of LuxSpace, mentioned: “These are amazing times in the commercial space sector. The roll-out of new applications from space is accelerating thanks to ground-breaking satellite technologies like Triton-X and the vision of satellite operators like OQ Technologies.”
Omar Qaise, founder and CEO of OQ Technology mentioned: “Being recognised by OHB, one of Germany’s leading space and technology companies, and its subsidiary LuxSpace demonstrates the strength of our technology and the potential it offers to the global IoT market.”
OQ is the one firm on the earth that makes use of standardised 3GPP mobile know-how for Narrowband IoT (NB-IoT) and commonplace cell chips to join units to satellites. By utilizing commonplace cell chips, costing about $5 as an alternative of high-priced satellite tv for pc chips of $150 and extra, OQ is ready to supply substantial value financial savings. That means customers don’t want to develop new {hardware} and should purchase present NB-IoT supported units to get service in distant areas from OQ Technology.
Last yr, OQ launched its first business nanosatellite, “Tiger-2”, and used it to efficiently check its hybrid satellite-cellular person terminal in harsh desert situations. OQ Technology is wanting to add additional satellites to its constellation this yr.
Through its rising constellation OQ can present full protection for its 5G IoT prospects cost-effectively and with precisely the identical NB-IoT gear their prospects are utilizing at the moment by means of a single roaming settlement.
Press Contact
For interviews or additional data, please contact Harry Pirrwitz through electronic mail at media@oqtec.house or name +44 (0)73 9252 5980.
About OQ Technology
OQ Technology is the world’s first satellite tv for pc mobile 5G IoT operator that gives international mobile Internet-of-Things and Machine-to-Machine communication options by means of satellites. The firm has efficiently applied and demonstrated Narrowband IoT connectivity over Low Earth Orbit satellites and is deploying a world constellation to present 3GPP appropriate satellite tv for pc IoT telecommunication services for cell operators and prospects in industries similar to power, mining, logistics, maritime, agriculture, and defence. The firm’s patented know-how that may be simply embedded in present mobile chips permits billions of customers around the globe to have ubiquitous IoT connectivity anyplace and utilizing each terrestrial and satellite tv for pc networks. www.oqtec.com | https://twitter.com/oqtec| https://www.linkedin.com/
About OHB SE
OHB SE is a German house and know-how group and one of many main unbiased forces within the European house business. With over 3,000 extremely certified workers and 14 areas in 10 nations, the OHB Group is excellently positioned to face worldwide competitors and has made a reputation for itself as a dependable accomplice for authorities establishments and personal firms. OHB SE’s actions are unfold throughout three enterprise items: Space Systems, Aerospace and Digital. While satellite tv for pc methods and house missions are realised within the Space Systems section, the Aerospace section is a significant provider to the European aerospace business. The third and latest enterprise unit, Digital, combines launch services, satellite tv for pc operations and the event of IT purposes primarily based on satellite tv for pc knowledge.
About LuxSpace
Founded in 2004 as a daughter firm of OHB SE, LuxSpace is situated within the SES Business Center in Luxembourg. LuxSpace is an built-in supplier of microsatellite and software options to the worldwide institutional and business markets, with a monitor report of 5 house methods efficiently deployed, together with the Triton-2/ESAIL satellite tv for pc launched in September 2020, and 15 years of expertise in creating built-in knowledge services with particular give attention to the Maritime and the extra basic Earth Observation area.
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