As the boundary between space and Earth blurs, OQ Technology is at the forefront of enhancing global connectivity across both realms. OQ Technology is a member of the Scale Up 6th Batch and the first satellite telecom operator for IoT using 5G, providing reliable connections even in remote areas. OQ Technology connects devices in remote areas, like oil rigs or ships, using satellites and 5G technology. Imagine your phone’s network, but instead of relying on cell towers, OQ Technology uses satellites to provide a strong, reliable signal even in places far away from typical networks. This is especially useful for industries like Oil & Gas or shipping, where monitoring and tracking equipment in real-time is critical.

Their system is easy to use because it works with existing cellular networks, so companies don’t have to invest in complicated new setups. They simply plug in a small, long-lasting device that connects their machines to a data cloud, allowing them to monitor and manage everything remotely.By using a network of satellites in Low Earth Orbit (LEO), OQ Technology makes sure businesses can stay connected anywhere on the planet, even in places where traditional networks don’t reach. This helps companies track assets, manage operations, and get real-time data, leading to better efficiency and safety in challenging environments.

Recently, Luxembourg’s government has backed a major chunk of OQ Technology’s ongoing $32 million Series B funding round to help them accelerate their commercial operations globally, expand its licensed spectrum market access, and convert its existing pipeline into paying customers. 

OQ in Three:

What problem is OQ Technology solving? OQ Technology addresses the lack of reliable connectivity in remote and rural areas by providing global IoT connectivity using the 5G protocol.

What’s innovative about OQ Technology? The company is the world’s first satellite telecom operator for global IoT connectivity, offering plug-and-play modules that seamlessly integrate with existing cellular systems.

Who can use OQ Technology? OQ Technology’s solutions are designed for diverse industries, including Oil & Gas, Maritime, Industry 4.0, and Transport.