
OQ Technology
Building a global satellite constellation dedicated for 5G "Internet-of-Things" communication that can provide connectivity anywhere.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
€2.5m | Grant | ||
Total Funding | 000k |
EUR | 2016 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
Related Content
OQ Technology is a pioneering company in the field of satellite-based 5G Internet of Things (IoT) communications. As the world's first global satellite 5G operator, OQ Technology offers uninterrupted cellular coverage for assets and machines anywhere on the planet. The company operates in the telecommunications and space technology markets, serving a diverse range of clients including industrial enterprises, logistics companies, and remote monitoring services that require reliable and extensive connectivity for their operations.
OQ Technology's core product is a dual-mode satellite cellular IoT modem and tracker. This device is designed to be plug-and-play, small, low-cost, and energy-efficient. It can collect data from more than 1000 sensors, has built-in GPS, and supports multiple communication standards including 5G NB-IoT, GSM, LTE-M, and bi-directional satellite links. This versatility makes it suitable for a wide range of applications, from asset tracking to environmental monitoring.
The company generates revenue through the sale of its IoT devices and data prepaid bundles, which range from a few kilobytes to several megabytes. Additionally, OQ Technology offers licensing for its reference terminal design and modules, targeting LPWAN and cellular device partners. This business model allows the company to tap into various revenue streams while expanding its market reach.
OQ Technology's recent achievements include the successful launch of the TIGER 3 satellite, which enhances its capability to provide global coverage. The company is actively seeking partners and customers to join its free trial program, aiming to showcase the quality and reliability of its services.
Keywords: satellite 5G, IoT, cellular coverage, asset tracking, dual-mode modem, GPS, NB-IoT, GSM, LTE-M, TIGER 3 satellite.