OQ Technology is a global 5G IoT network operator and satellite telecom company. They provide satellite-based connectivity solutions for IoT devices, particularly in remote areas, utilizing a LEO satellite constellation. Their services cater to industries like oil & gas, maritime, and logistics, offering asset tracking and data analytics. OQ Technology has partnerships with major players such as Aramco, Telefonica and ESA.
All verified mentions of this organization in source documents.
OQ Technology will provide the 0.005 kg NB-IoT payloads and integrate them into the satellite platforms.
OQ Technology has already ordered the five 6U nanosatellites Tiger-4 through Tiger-8.
OQ Technology plans to grow its constellation from three to ten satellites in low Earth orbit 2023.
All remaining satellite launches for OQ Technology’s expansion are planned for 2023, with the final launches possibly going into orbit in early 2024 pending launch conditions.
The seven satellites to be added to OQ Technology’s constellation are the previously announced MACSAT and PHI-Demo and five additional 6U nanosatellites named Tiger-4 to Tiger-8.
OQ Technology will provide the 0.005 kg NB-IoT payloads and integrate them into the satellite platforms.
OQ Technology planned March 2023 as the launch date for the MACSAT mission.
OQ Technology completed a 13,000,000 EUR Series A funding round prior to planning the MACSAT launch.
OQ Technology completed a €13 million Series A funding round.
OQ Technology plans to launch the LSA- and ESA-supported MACSAT mission in March 2023.
OQ Technology introduced the world’s first universal IoT device providing connectivity using a low Earth orbit satellite in 2019.
OQ Technology will use the Series A funds to further develop its technology solutions, acquire more spectrum licenses, and grow its 0.005 kg IoT satellite constellation.
OQ Technology closed a €13 million Series A funding round led by Wa’ed Ventures and Phaistos Investment Fund.
OQ Technology introduced the world’s first universal IoT device providing connectivity using a satellite in low Earth orbit in 2019.
OQ Technology will use the Series A funds to further develop its technology solutions, acquire more spectrum licenses, and grow its 0.005 kg IoT satellite constellation.
OQ Technology launched its third satellite mission, Tiger-3, aboard the SpaceX Falcon 9 rideshare mission Transporter-4.
OQ Technology launched its third satellite mission, Tiger-3, aboard SpaceX’s Falcon 9 Transporter-4 rideshare mission earlier in 2025.
OQ Technology closed a €13 million Series A funding round led by Wa’ed Ventures and Phaistos Investment Fund.
OQ Technology raised about $13,000,000 in a Series A funding round for its planned IoT satellite constellation.
OQ Technology’s Series A funding round was co-led by Aramco’s venture capital arm and a fund managed by 0.005 kg Ventures.