Momentus Secures Second Picosatellite Transportation Deal with Apogeo Space
Space infrastructure services company Momentus secured a contract with Italy’s Apogeo Space to provide orbital transportation services for nine of Apogeo’s IoT constellation picosatellites.
The deal, announced Monday, represents the second nine-satellite batch Momentus that will deliver for Apogeo’s planned 100-satellite constellation, which is schedule to enter service by the second half of 2023.
Apogeo’s IoT system is designed to connect low power and low data rate devices located in remote or poorly connected areas. It supports a range of applications, including agri-tech, smart cities, infrastructures monitoring (e.g.: water, oil & gas, electrical), maritime transportation and transport/logistic in general, environmental monitoring (e.g.: wildfires, contaminant spillage), cattle management, research and more.
“We are thrilled to start this collaboration with Momentus, which will allow us to launch an additional nine picosats shortly and permit us to anticipate our road map of the deployment of a global telecommunication service for the Internet of Things,” said Apogeo CEO and co-founder Guido Parissenti. “Since our first deployment of satellites, data can be retrieved from IoT devices anywhere in the world. We anticipate full coverage will be achieved by 2027 with almost 100 satellites with successive launches approximately every 3 months.”
“IoT satellites are a model of using space to benefit life on Earth,” said Momentus Chief Commercial Officer Chris Kinman. “Use of the Momentus Orbital Service Vehicle is an efficient and effective way to support the deployment of large satellite constellations like Apogeo’s. We look forward to supporting them as they work toward full deployment of their constellation.”
Financial details of the contract were not disclosed.