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Mar 13, 2023

OQ Technology to become world’s largest 5G NB-IoT LEO-satellite operator!

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PRESS RELEASE

Company plans to grow its constellation from three to ten this year, enhancing its 5G narrowband Internet of Things (NB-IoT) connectivity service based on 3GPP for non-terrestrial networks

Luxembourg, 13 March 2023 – OQ Technology, the world’s first and only satellite operator of a 5G NB-IoT constellation, plans to grow its constellation from three to ten satellites in low Earth orbit (LEO) this year. The move will turn the company into the largest 5G NB-IoT satellite operator in the world.

The seven satellites that will be added to OQ Technology’s constellation, are the previously announced “MACSAT” and “PHI-Demo” satellites and five additional 6U nanosatellites, Tiger-4 to Tiger-8, which the company has already ordered. Concluding the launch of the first batch, all remaining satellite launches are planned for this year with the final ones, pending launch conditions, to possibly go into orbit in early 2024.

With the added satellites, OQ Technology will significantly enhance its 5G NB-IoT non-terrestrial networks (NTN) satellite connectivity service based on 3GPP for non-terrestrial networks (Release 17). The enlarged constellation will increase its global coverage and the satellites’ revisiting times to multiple times per day. As a result, the company’s terminals can send more data, received from mobile sensors, giving customers more of the latest sensor information in real-time. The increased capacity and revisiting times will in particular serve customers in both the energy and asset tracking market.

Omar Qaise, founder and CEO of OQ Technology, said: “Having pioneered satellite based 5G NB-IoT connectivity and launched our constellation before anybody else did, we are now cementing our position as the leading 5G NB-IoT satellite operator in the world.

“Being well ahead in the 5G IoT non-terrestrial networks market, we are continuing the expansion of our global coverage, entering new markets and accelerating the build-up of our constellation. The planned launches for this year will conclude our Batch 1 deployment, with Batch 2 already in preparation.”

Three of the satellites, Tiger-4, Tiger-7 and Tiger-8, will be built by Lithuanian mission integrator and bus manufacturer Kongsberg NanoAvionics who also built Tiger-2, Tiger-3, and MACSAT. Tiger-5 and Tiger-6 will be built by satellite manufacturer Space Inventor from Denmark. The 5G NB-IoT payloads will be provided by OQ Technology and integrated into these platforms. OQ Technology will also be responsible for operating the satellite constellation as well as managing the ground network, service, spectrum access and licensing.

“It is thanks to a faster construction of our payload, and our 5G NTN technology being developed in-house that OQ Technology is able to massively and quickly expand its constellation,” Qaise said.

OQ Technology’s 5G NB-IoT connectivity service enables companies to connect their mobile devices for applications such as smart metering, precision agriculture, asset tracking, vehicle telematics, artificial intelligence critical alarms and environmental monitoring. With 85 percent of the world’s surface lacking or having limited access to terrestrial connectivity services, the constellation provides global connectivity in remote regions.

Omar Qaise - CEO of OQ (left) and Linas Sargautiss CCO of Nanoavionics KongsbergOmar Qaise - CEO of OQ (left) and Linas Sargautiss CCO of Nanoavionics Kongsberg

Omar Qaise (CEO of OQ Technology) & Karl Kaas (CEO of Space Inventor)Omar Qaise (CEO of OQ Technology) & Karl Kaas (CEO of Space Inventor)

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