Connect with us

Hi, what are you looking for?

Economy

Exolaunch Announces Contract with Spain’s Sateliot for Launch and Deployment Services

Exolaunch, a global leader in launch mission management, integration, and satellite deployment services, today announced a new launch and deployment services agreement with Sateliot, the first company to operate a low Earth orbit (LEO) 5G NB-IoT satellite constellation based in Barcelona, Spain and San Diego, California, marking the first collaboration between the two companies.

Sateliot stands out as the pioneering LEO satellite connectivity provider operating within the 3GPP Standard framework, a benchmark set by leading tech giants, including Apple, Sony, and Samsung, among others. Leveraging this standard, Sateliot is a trailblazer in facilitating connectivity for all current narrowband IoT (NB-IoT) devices via satellite through its constellation. This breakthrough allows Sateliot to offer services at comparable costs to those of terrestrial cellular networks, a significant stride towards widespread adoption of IoT in previously inaccessible regions.

Sateliot is building a constellation of 250 unique satellites enabling 5G NB-IoT connectivity from space, revolutionizing connectivity solutions globally. Under the terms of this agreement, Sateliot is set to deploy four additional satellites to join its growing 5G IoT constellation, utilizing Exolaunch’s industry-leading services and hardware.

Sateliot’s four 6U satellites, named Sateliot_1, Sateliot_2, Sateliot_3, and Sateliot_4, are manifested via Exolaunch on the Transporter-11 Rideshare mission with SpaceX, which is slated to launch in mid-2024. Sateliot will benefit from Exolaunch’s renowned mission management services and integration support, and will leverage Exolaunch’s innovative and flight-proven containerized satellite separation system, the EXOpod Nova, for the deployment of its satellites.

Jaume Sanpera, chief executive officer at Sateliot, remarked:

“Partnering with Exolaunch marks a significant milestone for Sateliot as we continue our mission to revolutionize 5G IoT connectivity from space. With Exolaunch’s expertise and industry-leading services, we are confident in the successful launch and deployment of our next four satellites, further advancing our vision of ubiquitous IoT connectivity.”

“We are delighted to welcome Sateliot as our newest customer and partner,” said Pablo Lobo, mission manager at Exolaunch. “This agreement highlights Exolaunch’s dedication to facilitating the growth and success of innovative European companies like Sateliot.”

Exolaunch is proud to provide our industry-leading services and technology to support Sateliot’s vision of advancing 5G IoT connectivity from space. With the launch campaign underway, our team’s excitement for this mission is palpable and we look forward to a smooth and successful deployment of these satellites later this year.”

The post Exolaunch Announces Contract with Spain’s Sateliot for Launch and Deployment Services appeared first on IoT Business News.

You May Also Like

Stock

One hallmark of secular bull markets is rotation. When leading stocks, sectors, and industry groups falter, there needs to be others that grab the...

Latest News

President Biden is asking Congress to approve nearly $100 billion in emergency funding to aid recovery efforts for the recent deadly storms that ravaged...

Latest News

Vice President Kamala Harris spent a whopping $1.5 billion during her 15-week campaign that ended in defeat to President-elect Donald Trump, including burning through...

Latest News

Activists on Saturday demanded that the state of California pay millions of dollars to each Black resident in reparations as a way to make...



Disclaimer: Frequencytraders.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 Frequencytraders.com