5G
“ Satellites in LEO are the only cost-effective way to push the network beyond what terrestrial providers can offer ”
OMAR QAISE FOUNDER AND CEO , OQ TECHNOLOGY
million Euros , with the 5G satellite operator , and the Luxembourg Space Agency .
Whereas some companies are pushing to build completely space-based networks , OQ is “ building a global hybrid system , using 5G connectivity , that combines both satellite and terrestrial wireless networks to provide commercial IoT and M2M ( machine-to-machine ) services to traditional operators .” The company is focusing on Africa , Middle East , Asia and Latin America , where shortcomings in some traditional terrestrial networks have left populations underserved . The idea is to use its LEO 5G networks to facilitate greater IoT connectivity in less densely connected areas . Earlier this year , OQ partnered with Brazilian company Neo Things IoT to address the satellite IoT market in Brazil , with a particular focus on the agribusiness field , which accounts for more than 25 % of the country ’ s GDP . The two-year partnership , Qaise explains , involves channelling IoT services and user terminals to end users in a way that strengthens the
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