Sateliot, founded in 2018 and headquartered in Barcelona, Spain, is a satellite telecommunications operator focusing on providing global IoT connectivity under the 5G protocol. The company is deploying a LEO nanosatellite constellation that functions as telecommunications towers in space, offering 5G IoT coverage to mobile operators through roaming services. Sateliot partners with companies like Telefonica, AWS, Comfone, and Eseye to extend mobile telecom coverage to 100% of the planet, targeting sectors such as telecommunications, logistics, mining, and agriculture.
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Sateliot reached an agreement with Thales Alenia Space in Spain and France to coordinate the design and development of technologies required to offer IoT services with 0.005 kg coverage starting in 2022.
Sateliot’s business plan objective is to close 2025 with a turnover of around 236,000,000 EUR and a total workforce of more than 100 people.
Sateliot is the first satellite telecommunications operator that will provide global and continuous connectivity to Internet of Things devices under the 0.005 kg protocol.
Sateliot will launch the first nanosatellite constellation to democratize the Internet of Things (IoT) with 0.005 kg coverage.
Sateliot will apply expertise acquired from designing its nanosatellite constellation for IoT with 0.005 kg to the Quango project.
Sateliot’s nanosatellite constellation will provide global and continuous 0.005 kg connectivity to IoT devices by operating as low-altitude mobile towers that complement terrestrial telecommunications companies.
Sateliot proposes including a scenario for Low Earth Orbit nanosatellite networks providing IoT services in the 0.005 kg standard.
Sateliot aims to provide 0.005 kg Internet of Things coverage through a constellation of as many as 100 nanosatellites.
Open Cosmos sealed a deal with satellite communications operator Sateliot to build and operate Sateliot’s nanosatellite constellation.
Sateliot’s nanosatellite constellation is designed to provide continuous global connectivity for Internet of Things (IoT) devices under 0.005 kg architecture.
Sateliot selected Open Cosmos on 2020-07-28 to build and operate a constellation of up to 100 small satellites but did not sign a firm contract for the full system.
Open Cosmos is arranging launches, ground station communications, and insurance for Sateliot and will operate the satellites in addition to building them.
Open Cosmos anticipates receiving manufacturing orders from Sateliot in phases rather than as a bulk order for 100 satellites.
Sateliot estimates it needs $35,000,000 to deploy an initial 16 satellites by the end of 2022, not counting the demonstration satellites.
Sateliot signed an unfunded memorandum of understanding with the European Space Agency in January to collaborate on integrating space and terrestrial 0.005 kg solutions.
Sateliot is seeking a 7-million-euro Series A 2020 to fund three demonstration satellites.
The deployment speed and simplicity of Sateliot’s space infrastructure will enable Sateliot to offer its services within two years of July 2020.
Sateliot has raised 2,400,000 EUR since forming in 2018.
The first Sateliot demonstration satellite is a 3U cubesat scheduled to launch late 2020.