Sateliot prepares for
commercial operations following the
successful launch of four new satellites under its
'Revolution'
mission.
August 16, 2024.
Sateliot, the pioneering
company behind the first
low-Earth orbit (LEO) nanosatellite constellation
utilizing 5G NB-IoT NTN standards, has
successfully launched four additional satellites as
part of its 5G NB-IoT NTN constellation.
These satellites, designed to
extend the coverage of Mobile Telecom Operators in
100% of
the planet, were deployed on the SpaceX
Transporter-11 mission. The launch took place on
Friday, August 16, at 20:18 CET, aboard a Falcon 9
rocket from Vandenberg Air Force Base
in California, USA.
A special event in Barcelona
brought together the Sateliot family and key
stakeholders to
witness the launch live, featuring support from ESA,
GSMA, the Spanish Government, and
more. Presented by Josep Calatayud, director of the
“Control de Misión” shareholders, authorities, and
employees. Co-founders Jaume Sanpera (CEO) and Marco
Guadalupi (CTO) provided in-depth explanations and
forecasts for Sateliot’s future.
"This launch propels us into a
new phase of development," said Jaume Sanpera, CEO
and
co-founder of Sateliot. "Not only will we begin
generating revenue, but we will also position
Spain as a global leader in IoT connectivity."
Inspired by Antoni Gaudí's
iconic dragon, the mission badge for 'Revolution'
symbolizes the
resilience of Sateliot's technology and the
company's global ambitions. The four flames
represent each newly launched satellite, with the
multicolored fragments foreshadowing a
constellation of over 100 satellites by 2028."
It also represents the
revolution of the 5G NB-IoT NTN standard as Sateliot
is presented with
the opportunity to transform industries worldwide;
regardless of location or infrastructure,
connectivity black spots will become a thing of the
past.
The technology itself is
revolutionary, incorporating enhancements from
previous satellites
and being the first constellation to implement
standard GSMA and 3GPP developments fully
on satellites. In addition to providing commercial
services, Sateliot aims to use these
advancements to continue leading the NTN community
in future innovations. Sateliot's
unique approach, featuring its patented "Store and
Forward" technology, offers unparalleled
global connectivity with its new orbital plane.
Additionally, the company is advancing a
certification program for commercial terminals to
expedite the integration of their service into
the market.
Looking ahead, Sateliot plans
to deploy additional satellites by 2025 and is
actively engaged
in discussions to secure a Series B funding round of
30 million euros. Since its founding in
2018, Sateliot has raised 25 million euros and aims
to achieve revenues of 1 billion euros by
2030.
Sateliot’s technology, which
initially will connect more than eight million
devices from
companies that have already contracted the service,
is characterized by its democratic and
accessible nature. It is designed to support a wide
range of use cases for SMEs, public
administrations, and large enterprises in sectors
such as agriculture, livestock, logistics, and
critical infrastructures.
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