Luxembourg Companies to Test IOT Technology
A consortium of three Luxembourg-based companies lead by OQ Technology will develop, build, and perform a demonstration in-orbit of an innovative approach for satellite-based Internet-of-Things (IOT). Based on the in-orbit demonstration of a single satellite to perform experiments using the new technology in space, OQ Technology aims to build a global satellite constellation dedicated to IOT communication by leveraging innovative wireless technology and using low cost connectivity solutions based on nanosatellites.
The project is targeting specifically the oil and gas, maritime, industry 4.0, and transport segments particularly for the management and tracking of assets in remote areas, as well as providing data analytics. Managed by the European Space Agency (ESA), the funding provided for this activity under LuxImpulse, Luxembourg’s national space program, amounts to a total maximum envelope of $7 billion (6 million euros).
EmTroniX will be developing the payload and user terminals hardware, whereas GomSpace will be designing and building the satellite platform. OQ Technology will be developing and designing the full system, developing the software for the payload and user terminals, and demonstrating the satellite and data analytics platforms.