Open Cosmos has sealed a deal with satellite communications operator Sateliot to build and operate the company’s nanosatellite constellation, which will provide continuous global Internet of Things (IoT) connectivity under a 5G architecture.
Open Cosmos has begun manufacturing the first of the 100 satellites that will allow Sateliot to begin offering IoT services by the end of 2022.
The microwave oven sized satellites will operate in low Earth orbit, flying at an approximate altitude of 500 km to guarantee IoT connectivity on a global scale and in almost real time.
In the next two years, it is forecast that there will be more than 50bn IoT devices globally. Sateliot will partner with conventional telecommunication providers around the world to ensure ubiquitous coverage.
Sateltiot will also offer monitoring and tracking systems, data analysis, and processes in areas, such as maritime, railways, aeronautical, agriculture & farming, gas & petroleum exploration, electric or critical infrastructure.
Rafel Jordá, founder and CEO of Open Cosmos, said: “We are excited to have satellite production underway for these satellites and be progressing all other aspects of the mission, including system integration, launch, licensing & logistics, as well as orbit operations. We are delighted to partner with Sateliot to enable the reality of IoT anywhere”.
Jaume Sanpera, co-founder & CEO of Sateliot, added that “a bond with a partner, such as Open Cosmos, allows us to move forward with our project, meeting head on the requirements and challenges the New Space industry faces while keeping control over the design of the antennae and the radio that will allow the operational and commercial management of our telecommunications service”.