Hiber is a NewSpace startup, originally founded as Magnitude Space, focused on providing global Internet of Things (IoT) connectivity solutions, particularly in remote areas lacking traditional network infrastructure. The company utilizes a constellation of nanosatellites to enable affordable and easy-to-use end-to-end IoT solutions for off-grid asset monitoring. Hiber's services target industries such as energy, agriculture, and logistics, with key products including HiberHilo for remote well monitoring. While its satellite constellation plans were cancelled in 2021, the company continues to offer IoT services through partnerships and its existing satellite technology.
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Hiber launched four satellites out of a minimum of 12 required to avoid the surety bond obligation to the FCC.
Hiber decided to discontinue its own satellite activities and deliver connectivity exclusively through third-party providers under the leadership of CEO Roel Jansen.
Hiber planned to use the 26,000,000 EUR to expand its in-house-developed satellite constellation and grow its customer base.
Hiber describes itself as an industrial IoT as-a-service startup and entered an agreement with Shell on 2021-09-13 to provide well monitoring services that use satellite technology.
Hiber launched a third satellite on a Falcon 9 rideshare mission in January 2021.
Hiber reported spending about 28,000,000 EUR in its effort to deploy its satellite constellation.
Hiber raised 26,000,000 EUR from the European Innovation Council Fund and private investors in March.
Hiber had been authorized to operate a 24-satellite system with four satellites launched to date.
Hiber launched a fourth satellite as a secondary payload on a Soyuz-2 launch in March 2021.
Hiber signed a global agreement with Shell to provide well-integrity monitoring solutions.
Hiber has secured €26 million in EU and private investment to expand the world’s first global IoT satellite network.
The €26 million in funding will be used to further expand Hiber’s satellite network and grow Hiber’s customer base.
The European Innovation Council Fund (EIC Fund) awarded Hiber a share of its €278 million Innovation Fund.
Other companies that launched IoT satellites 2021-03-22 include Fleet Space Technologies, Kepler Communications, Hiber, and Lacuna Space.
HiberHeavy is Hiber’s first end-to-end solution for heavy equipment monitoring.
HiberHeavy uses Hiber’s technology to track vehicle locations, trips, and idle times anywhere in the world.
Hiber controls the infrastructure of HiberHeavy, including sensors, dashboard, and data connections.
Hiber is a Dutch ‘New Space’ startup that has developed HiberHeavy, a new heavy equipment monitoring solution.
Hiber is responsible for the maintenance and upkeep of HiberHeavy's hardware and software.
Hiber Four was successfully launched on SpaceX’s Transporter-1 rideshare mission in 2021.