OHB, LuxSpace and OQ
Technology sign MOU to explore collaboration for IoT
services
18 Jan 2022
OHB SE, its subsidiary LuxSpace
and OQ Technology have signed a memorandum of
understanding (MOU) to explore opportunities in the
Internet-of-Things (IoT) service sector.
The cooperation between
LuxSpace, OHB and OQ will include satellite-based
IoT upstream and downstream activities to enhance
the portfolio of services available to customers in
different markets, including, but not limited to,
energy, agriculture, defence and the green economy.
Following the signature of a
contract with the European Space Agency (ESA) under
the ARTES (Advanced Research in Telecommunications
System) programme, LuxSpace is developing a flexible
microsatellite platform, Triton-X. With a launch
mass of around 200 kg, high performing on-board
processing and the optimisation for rideshare
missions, Triton-X is perfectly suited for
accommodating OQ’s 5G IoT payload in low Earth orbit
(LEO). At the completion of the development phase,
the platform is expected to be ready for
manufacturing and integration of payloads by
mid-2023.
OQ’s “cell towers in space” and
the company’s services are ideal for applications
requiring fast and real-time data processing in
remote and rural areas, particularly in industries
such as oil & gas, logistics, mining, artificial
intelligence, drone control, vehicle telematics and
defence.
The agreement will also take
into account the use of other OHB space systems for
the benefit of OQ.
Egbert Jan van der Veen,
managing director of OHB Venture Capital said: “OQ
Technology is one of the most promising companies in
the area of Satellite IoT we have talked to. I am
very excited about the potential of their technology
and looking forward to working together with the
team on the upstream as well as the downstream.”
Edgar Milic, CEO of LuxSpace,
said: “These are amazing times in the commercial
space sector. The roll-out of new applications from
space is accelerating thanks to ground-breaking
satellite technologies like Triton-X and the vision
of satellite operators like OQ Technologies.”
Omar Qaise, founder and CEO of
OQ Technology said: “Being recognised by OHB, one of
Germany’s leading space and technology companies,
and its subsidiary LuxSpace demonstrates the
strength of our technology and the potential it
offers to the global IoT market.”
OQ is the only company in the
world that uses standardised 3GPP cellular
technology for Narrowband IoT (NB-IoT) and standard
mobile chips to connect devices to satellites. By
using standard mobile chips, costing about $5
instead of expensive satellite chips of $150 and
more, OQ is able to offer substantial cost savings.
That means users do not need to develop new hardware
and can buy existing NB-IoT supported devices to get
service in remote areas from OQ Technology.
Last year, OQ launched its
first commercial nanosatellite, “Tiger-2”, and used
it to successfully test its hybrid
satellite-cellular user terminal in harsh desert
conditions. OQ Technology is looking to add further
satellites to its constellation this year.
Through its growing
constellation OQ can provide full coverage for its
5G IoT customers cost-effectively and with exactly
the same NB-IoT equipment their customers are using
today through a single roaming agreement.
|