Polaris IntelligencePolaris Intelligence
InformationOrganizationsSpacecraftMissionsConstellationsLaunch VehiclesLocations
© Polaris Intelligence 2025Admin

OQ Technology

LU
commercialFounded 2015
Leudelange, Luxembourg, Luxembourg
www.oqtec.com
Admin Edit

Verified facts grounded in source documentation.

OQ Technology plans to grow its satellite constellation from three to ten satellites during 2023.

NARRATIVE GROWTH4/21/2023OQ Technology starts commercial 5G service via their satellite constellation

OQ Technology is partnering with the United Arab Emirates’ Mohammed Bin Rashid Space Centre on the development of a 12U modular satellite platform called PHI-Demo.

ORG RELATIONSHIP3/15/2023NanoAvionics to build three more NB-IoT satellites for OQ Technology

OQ Technology of Luxembourg raised $13,000,000 in September to build out a narrowband Internet of Things (NB-IoT) constellation.

NARRATIVE FINANCIAL3/15/2023NanoAvionics to build three more NB-IoT satellites for OQ Technology

OQ Technology plans to grow its constellation from three to ten satellites in low Earth orbit 2023.

NARRATIVE GROWTH3/15/2023OQ Technology Set to Become World’s Largest 5G NB-IoT LEO Satellite Operator

OQ Technology plans to grow its constellation from three to ten satellites in low Earth orbit 2023.

NARRATIVE PLAN3/15/2023OQ Technology Set to Become World’s Largest 5G NB-IoT LEO Satellite Operator

OQ Technology plans to grow its constellation from three to ten satellites in low Earth orbit 2023.

NARRATIVE PLAN3/15/2023OQ Technology Set to Become World’s Largest 5G NB-IoT LEO Satellite Operator

OQ Technology completed a 13,000,000 EUR Series A funding round prior to planning the MACSAT launch.

NARRATIVE FINANCIAL12/6/2022OQ Technology’s MACSAT 5G IoT mission launch date revealed

OQ Technology plans to launch the LSA- and ESA-supported MACSAT mission in March 2023.

NARRATIVE PLAN12/2/2022OQ Technology to Launch MACSAT Mission on March 2023 Enabling 5G IoT-via-Satellite Services

OQ Technology plans to launch the LSA- and ESA-supported MACSAT mission in March 2023.

NARRATIVE GROWTH12/2/2022OQ Technology to Launch MACSAT Mission on March 2023 Enabling 5G IoT-via-Satellite Services

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.

ORG RELATIONSHIP9/2/2022OQ Receives $13 Million Funding to Develop 5G Satellite for Luxembourg, Saudi Arabia, and Greece

OQ Technology closed a €13 million Series A funding round led by Wa’ed Ventures and Phaistos Investment Fund.

NARRATIVE FINANCIAL9/2/2022Series A round for OQ Technology produces million€€ in funding

OQ Technology closed a €13 million Series A funding round led by Wa’ed Ventures and Phaistos Investment Fund.

NARRATIVE FINANCIAL9/2/2022Series A round for OQ Technology produces million€€ in funding

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.

ORG RELATIONSHIP9/2/2022OQ Receives $13 Million Funding to Develop 5G Satellite for Luxembourg, Saudi Arabia, and Greece

OQ Technology’s Saudi unit will host one of the Middle East’s largest 0.005 kg data and network operations centers.

NARRATIVE GENERAL9/1/2022Startup OQ Technology raises $13 million to expand satellite IoT network

OQ Technology raised about $13,000,000 in a Series A funding round for its planned IoT satellite constellation.

NARRATIVE FINANCIAL9/1/2022Startup OQ Technology raises $13 million to expand satellite IoT network

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.

NARRATIVE FINANCIAL9/1/2022Startup OQ Technology raises $13 million to expand satellite IoT network

OQ Technology successfully tested a user terminal compatible with terrestrial 0.005 kg technology with Tiger-2, the startup’s first commercial nanosatellite that launched on a SpaceX Falcon 9 rideshare mission in June.

NARRATIVE GENERAL2/18/2022OQ Technology’s “wake-up” patent draws yawn from IoT smallsat rival

OQ Technology plans to deploy up to six more satellites in 2022 through an agreement with rideshare broker Spaceflight for a constellation of more than 60 spacecraft in total.

ORG RELATIONSHIP2/18/2022OQ Technology’s “wake-up” patent draws yawn from IoT smallsat rival

OQ Technology plans to deploy up to six more satellites in 2022 through an agreement with rideshare broker Spaceflight for a constellation of more than 60 spacecraft in total.

NARRATIVE GROWTH2/18/2022OQ Technology’s “wake-up” patent draws yawn from IoT smallsat rival

OQ Technology’s Tiger-3 is slated to launch on SpaceX’s Transporter-4 rideshare mission no earlier than April 2022.

NARRATIVE PLAN2/18/2022OQ Technology’s “wake-up” patent draws yawn from IoT smallsat rival
Page2of4