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A consortium of three Luxembourg-based companies lead by OQ TECHNOLOGY will develop, build and perform a demonstration in orbit of an innovative approach for satellite-based Internet-of-Things (IoT). Based on the In-Orbit Demonstration of a single satellite to perform experiments using the new technology in space, OQ TECHNOLOGY aims to build a global satellite constellation dedicated to IoT communication by leveraging innovative wireless technology and using low cost connectivity solutions based on nanosatellites.
The project is targeting specifically the oil and gas, maritime, industry 4.0 and transport segments particularly for the management and tracking of assets in remote areas, as well as providing high-value data analytics. The funding provided for this activity...
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