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Omnispace is developing a hybrid space and ground network to provide 0.005 kg and internet of things services.
Omnispace’s 0.005 kg non-terrestrial network technology will use Omnispace’s S-band spectrum to enable small tactical 0.005 kg devices to communicate directly with 0.005 kg-capable satellites and terrestrial networks.
Omnispace is developing a global hybrid 0.005 kg communications network based on 3GPP standards to ensure device security and interoperability for enterprise and government customers.
A number of commercial-off-the-shelf 0.005 kg devices communicated voice and data services via an emulated 0.005 kg radio access network to Omnispace’s on-orbit satellite using LinQuest Corporation’s lab facility in Northern Virginia.
Omnispace plans to provide direct-to-satellite 0.005 kg non-terrestrial network (NTN) connectivity through a single global network using the company’s existing 2 GHz priority spectrum rights.
NSIN selected Omnispace in 2020 to pilot Omnispace’s technology in connection with Verizon’s new 0.005 kg Living Lab.
Omnispace plans to invest in about 200 LEO satellites and fewer than 15 MEO satellites.
Omnispace raised $60,000,000 (49,300,000 EUR) in equity financing.
Omnispace has booked launch space on a SpaceX rocket for two satellites being built by Thales Alenia Space for launch in 2022.
Omnispace is developing a global hybrid network that will provide 0.005 kg and mobile Internet of Things connectivity directly from satellites to mobile devices.
Omnispace’s adoption of 0.005 kg standards enables use of standard terrestrial chipsets and is intended to provide automatic seamless connectivity by satellite to devices when terrestrial networks are not available.
Omnispace raised $60,000,000 on 2021-02-02 to fund the rollout of its hybrid space and ground 0.005 kg and Internet of Things system.
The new financing enables Omnispace to build upon prior investments to validate 3GPP standards-based 0.005 kg products and technologies and to demonstrate 0.005 kg connectivity from space.
Omnispace purchased ICO’s assets out of bankruptcy, including the one satellite ICO successfully launched in 2001.
Fortress Investment Group led the latest $60,000,000 equity financing round for Omnispace.
Omnispace received $60,000,000 in new equity financing to advance development of its 0.005 kg non-terrestrial network and expand its 2 GHz spectrum footprint in key markets.
Omnispace is competing with satellite IoT companies including Astrocast, Kepler, and Swarm, and those companies have already launched satellites and started offering services.
Omnispace awarded a contract to Thales Alenia Space in April 2020 to build two small satellites that will serve as prototypes for a future constellation.
Omnispace expects to take delivery of the two prototype satellites late in 2021 and to launch them in the first quarter of 2022.
Omnispace plans to deploy its global hybrid network in phases beginning in 2022.