June 19, 2024

CommodityReportersGuild

Investing and Stocks News

Exolaunch Announces Contract with Spain’s Sateliot for Launch and Deployment Services

Exolaunch, a global leader in launch mission management, integration, and satellite deployment services, today announced a new launch and deployment services agreement with Sateliot, the first company to operate a low Earth orbit (LEO) 5G NB-IoT satellite constellation based in Barcelona, Spain and San Diego, California, marking the first collaboration between the two companies.

Sateliot stands out as the pioneering LEO satellite connectivity provider operating within the 3GPP Standard framework, a benchmark set by leading tech giants, including Apple, Sony, and Samsung, among others. Leveraging this standard, Sateliot is a trailblazer in facilitating connectivity for all current narrowband IoT (NB-IoT) devices via satellite through its constellation. This breakthrough allows Sateliot to offer services at comparable costs to those of terrestrial cellular networks, a significant stride towards widespread adoption of IoT in previously inaccessible regions.

Sateliot is building a constellation of 250 unique satellites enabling 5G NB-IoT connectivity from space, revolutionizing connectivity solutions globally. Under the terms of this agreement, Sateliot is set to deploy four additional satellites to join its growing 5G IoT constellation, utilizing Exolaunch’s industry-leading services and hardware.

Sateliot’s four 6U satellites, named Sateliot_1, Sateliot_2, Sateliot_3, and Sateliot_4, are manifested via Exolaunch on the Transporter-11 Rideshare mission with SpaceX, which is slated to launch in mid-2024. Sateliot will benefit from Exolaunch’s renowned mission management services and integration support, and will leverage Exolaunch’s innovative and flight-proven containerized satellite separation system, the EXOpod Nova, for the deployment of its satellites.

Jaume Sanpera, chief executive officer at Sateliot, remarked:

“Partnering with Exolaunch marks a significant milestone for Sateliot as we continue our mission to revolutionize 5G IoT connectivity from space. With Exolaunch’s expertise and industry-leading services, we are confident in the successful launch and deployment of our next four satellites, further advancing our vision of ubiquitous IoT connectivity.”

“We are delighted to welcome Sateliot as our newest customer and partner,” said Pablo Lobo, mission manager at Exolaunch. “This agreement highlights Exolaunch’s dedication to facilitating the growth and success of innovative European companies like Sateliot.”

Exolaunch is proud to provide our industry-leading services and technology to support Sateliot’s vision of advancing 5G IoT connectivity from space. With the launch campaign underway, our team’s excitement for this mission is palpable and we look forward to a smooth and successful deployment of these satellites later this year.”

The post Exolaunch Announces Contract with Spain’s Sateliot for Launch and Deployment Services appeared first on IoT Business News.