Satellite networking company Omnispace picked a developer for its IoT satellites - Technical.ly DC

Growth

Apr. 10, 2020 10:11 am

Satellite networking company Omnispace picked a developer for its IoT satellites

France's Thales Alenia Space will develop two satellites for the Tysons-based company that's working to connect satellites to mobile networks.
Space tech is emerging.

Space tech is emerging.

(Photo by Flickr user US Air Force, used under a Creative Commons license)

Satellite networking company Omnispace has selected France-based Thales Alenia Space to build initial components for its Internet of Things (IoT) satellite infrastructure.

Launched in 2012, the Tysons, Virginia-based company is using 5G technology to build a global hybrid network linking satellites to mobile networks. Thales Alenia Space is an aerospace manufacturer offering a range of services and solutions.

For this project, Thales Alenia Space will develop two satellites that will operate in non-geostationary orbit (NGSO), meaning they won’t be stationary and move in relation to the Earth’s surface. The satellites are scheduled to launch next year.

“Thales Alenia Space has a successful track record of developing NGSO satellite constellations and is well-qualified to support our vision of delivering the world’s first global 5G non-terrestrial network,” said Omnispace President and CEO Ram Viswanathan in a statement. Financial details of the deal were not disclosed.

Omnispace has raised $46.8 million in venture capital to date, according to Crunchbase, which includes a $30 million Series A raised in 2017 with participation from local firms TDF Ventures, Greenspring Associates and Columbia Capital. This initial development of two satellites is a key milestone as Omnispace works to implement a network to connect users and IoT devices anywhere on the globe.

“Thales Alenia Space is pleased to be working with Omnispace, which is taking a holistic approach to the design, development and deployment of their next-generation, IoT-based satellite network infrastructure,” said Thales Alenia Space CEO Hervé Derrey. “Omnispace’s selection of Thales Alenia Space reinforces our leadership position as a major industrial partner and our expertise in space-based IoT communications.”

-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!