NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Editor's Pick

Sateliot to launch first 5G nanosatellite constellation, providing signal to 13 billion devices worldwide with cheap connectivity

by November 7, 2022
written by November 7, 2022

Sateliot launches its first functional nanosatellite aboard a SpaceX Falcon 9 rocket to speed-up massive IoT adoption and shift IoT industry into cheap worldwide connectivity, bringing a technological breakthrough on par with the advent of GPS.

Sateliot, the U.S.-based first nanosatellite telecommunications company to offer 5G connectivity for IoT devices, announces the launch of its first functional nanosatellite in Q1 2023 on SpaceX Falcon 9 rockets.

This signifies a breakthrough in connectivity that will completely change how we live by allowing anyone with a $1 standard 5G device to stay connected anywhere in the world without needing to purchase expensive proprietary equipment. It will also impact the logistics, agriculture, maritime, energy, utilities, transportation and environmental sectors, causing a worldwide paradigm shift.

Global adoption of IoT technology is stalled by standardization, a high price tag and a lack of reliable coverage. Today’s satellite devices all belong to proprietary operators and often cost $500 or more, limiting access for massive applications. Sateliot aims to solve these problems by launching a network of small, powerful satellites to provide total, reliable coverage to every corner of the world, including oceans, disaster zones and remote regions. This technology will work for anyone with any standard IoT device, regardless of operator.

Jaume Sanpera, CEO and founder of Sateliot, says:

“Current Satcom technologies are amazing but too niche and expensive for the average user. We have now launched two satellites, marking the official start of our working constellation, and will launch four more by the end of 2023.”

“Our nanosatellite network will benefit everyone across every sector by granting access to coverage that’s just as robust on a yacht as it is in the most rural areas where traditional networks can’t reach. This is a once-in-a-lifetime disruptive technology that will change the world for the better, and we’re thrilled that Sateliot is making this breakthrough possible.”

Sateliot’s 5G satellite network eliminates this problem by letting anyone with a smart standard IoT device access their space network to get a clear, strong cellular signal. Now, marine biologists can track declining populations like blue whales in a cheaper, more effective way, helping save these rare animals. Additionally, Sateliot’s technology can potentially double the effectiveness of agritech, boosting precision agriculture production from 250 billion USD to 500 billion USD by 2030.. Other applications include potential savings of up to 15% on energy costs, 20% in train maintenance and a 5-8% increase in logistics savings.

Oceans cover 71% of Earth, yet land-based networks can’t provide coverage there. Previously, we had to rely on expensive, bulky satellite devices, making it hard to perform important tasks like tracking endangered animals or rescuing lost people. In the United States alone, over 600,000 people go missing every year and the Coast Guard responds to nearly 20,000 search and rescue calls. Sateliot’s “space cell towers” can help stranded people call for help from remote regions using only a low-cost standard device and allow first responders to access more affordable, precise technology to find these people faster.

The total connectivity Sateliot is offering with its special satellite network means that any $1 standard device anywhere in the world can communicate without limits. Mountaineers summiting a peak can check the weather alarms just as easily as conservationists can keep tabs on the critically endangered Amur leopard. There is nothing else in the world that can provide our society with this level of simple, affordable connectedness.

The post Sateliot to launch first 5G nanosatellite constellation, providing signal to 13 billion devices worldwide with cheap connectivity appeared first on IoT Business News.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Meta Platforms to begin large-scale layoffs: would that be enough?
next post
Should you buy the Dow Jones index after the huge October gain?

You may also like

Soracom Adds Industrial SIM to IoT SIM and...

March 29, 2023

Global Cellular IoT Module Shipments Jump 14% YoY...

March 29, 2023

Amazon Invites Developers to Test Sidewalk and Build...

March 29, 2023

KORE to Acquire Twilio’s IoT Business Unit and...

March 27, 2023

Pet Tech Innovations and Trends

March 27, 2023

Fibocom Announces the Private 5G Module FM160-PN to...

March 23, 2023

UnaBiz partners with LORIOT to provide Multi-Protocol Solutions...

March 23, 2023

Powering IoT connectivity: The critical step from LTE...

March 23, 2023

Digital technologies as a Game-Changer in Education: Potential...

March 22, 2023

Smart Labels will Help IoT Become ‘Massive’ with...

March 21, 2023
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Popular Posts

  • 1

    Headline Inflation Falls, But Core Inflation Remains Elevated

  • 2

    My Trigger to Enter $VAPR

  • 3

    Multi-Millionaire Trader Explains Why You Should Start Trading With A Small Account {VIDEO}

  • 4

    Scaling Up Tips From A 24-Year Old Millionaire Trader {VIDEO}

  • 5

    Pay Attention to These Stocks

Recent Posts

  • UBS renames Sergio Ermotti as CEO to lead Credit Suisse merger

    March 29, 2023
  • Nextracker stock could climb to $40: Bank of America

    March 29, 2023
  • Soracom Adds Industrial SIM to IoT SIM and eSIM Portfolio

    March 29, 2023
  • Global Cellular IoT Module Shipments Jump 14% YoY in 2022 to Reach Highest Ever

    March 29, 2023
  • Next plc results: full-year sales up 8.4%

    March 29, 2023

Categories

  • Economy (715)
  • Editor's Pick (309)
  • Investing (2,019)
  • Stock (9)
  • About Us
  • Email Whitelisting
  • Terms and Conditions
  • Privacy Policy
  • Contacts

Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2023 NewTradingView.com All Rights Reserved.


Back To Top
NewTradingView.com – Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick