All verified mentions of this organization in source documents.
The joint venture will be transformed into a standalone company on 2023-07-01 when the transfer of all relevant assets and employees of Hiber and WTS into the company has been completed.
Hiber planned to use spectrum it leases from Inmarsat to expand services to the Americas and provide services globally.
In May 2022 Astrocast plans to issue new shares to buy Dutch connectivity solutions provider Hiber, which agreed to invest around $11,000,000 in Astrocast’s secondary stock market as part of the acquisition.
Astrocast plans to buy Hiber with newly issued shares that currently represent a 16.5% stake in Astrocast.
Hiber agreed to invest around $11,000,000 in Astrocast’s second stock market listing later 2022 to help meet near-term funding needs.
Hiber’s shareholders agreed to invest €10.45 million in Astrocast’s public offering.
Astrocast will issue new Astrocast shares to Hiber’s shareholders representing 16.5% of Astrocast’s share capital calculated prior to Astrocast’s previously announced public offering on Euronext Growth Paris.
Astrocast plans to buy Dutch connectivity solutions provider Hiber and expects the deal to occur after 2022-05-30.
The FCC approved Hiber’s application to operate mobile terminals on 2021-10-05.
Hiber’s 2021-09-24 FCC letter referenced a separate Hiber filing seeking permission to operate 500,000 mobile terminals.
Hiber notified the Federal Communications Commission that it was surrendering a license to operate a constellation of 24 smallsats to provide IoT services.
An industry source indicated Hiber’s first two satellites, launched in late 2018, had been decommissioned.
Hiber’s 2021-09-24 letter to the FCC stated that Hiber had pivoted its business operations and intends to provide IoT services through leased capacity on a third-party satellite network.
Hiber’s other two satellites were launched in January and March of 2020 and were not known to have serious technical issues.
Hiber announced on 2021-10-12 that it will use Inmarsat to provide the satellite connectivity for its IoT services.
Hiber is partnering with Inmarsat to provide satellite connectivity for its Internet-of-Things services.
Hiber’s 2021-06-07 FCC filing stated that Hiber will use the Inmarsat satellite network using dedicated beams leased from Inmarsat.
Hiber launched a third satellite on a Falcon 9 rideshare mission in January 2021.
Hiber acknowledged a $1,920,000 FCC default payment covered by a surety bond and requested that the FCC waive or reduce the payment.
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.