Sateliot joins IMC to project 5G satellite connectivity and strengthen its presence in US market
Sateliot, the company that will launch the first constellation of low-orbit nanosatellites to provide 5G coverage for IoT, has joined the IoTM2M Council (IMC), the largest organization serving the Internet of Things sector.
The aim is to publicize its satellite connectivity technology and also strengthen its presence in the US market, where the company is already working with large funds from that country to finance its series B with which it aspires to raise 100 million euros and with microchip manufacturers for its commercial constellation of 250 5G-IoT nanosatellites.
Integration into IMC will revert to Sateliot a double benefit. On the one hand, the
approach promoted by IMC is the same that Sateliot incorporates in its Early Adopter Program (EAP), based on a previous demonstration for its customers of the commercial use of the technology. This will allow interested companies to join the program and get ahead of their competitors in business development and economic performance, since they will know beforehand how the system works and how to get the maximum benefit.
In addition, it will be an excellent direct access platform for product manufacturers and companies developing IoT solutions, allowing them to advance in their target business verticals. The members of the IMC are present in more than twenty sectors around the world and covering agriculture, livestock, transport, energy, infrastructure among others.
Some of the companies that make up the IMC are Vodafone Business, Microsoft Azure, Tata Communications, Kore Wireless, Aeris, Digi, Blue Wireless, Multitec, Pod Systems among others.
Sateliot is already in the US with Evonexus, the accelerator sponsored by microchip
manufacturer Qualcomm and carrier Verizon, developing 5G use cases with strategic
partners in their areas of expertise. The support of this accelerator is allowing Sateliot to grow in the United States from its headquarters in San Diego.
Sateliot is the first satellite telecommunications operator to provide global and continuous connectivity to all the elements that will make up the Internet of Things (IoT) universe under the 5G protocol. Thanks to a constellation of state-of-the-art nanosatellites, located at low altitude and acting as mobile towers from space, Sateliot is the perfect complement to large telecommunications companies by providing them with the necessary infrastructure to extend their coverage where terrestrial technologies do not reach.