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#News(Startup) [ via IoTForIndiaGroup ]
With 1 million devices connected to their four-nanosatellite network, Fleet Space Technologies is gearing up to launch 10 more satellites by 2020 to meet the needs of its growing waiting list.
According to Fleet CEO and aerospace engineer Flavia Tata Nardini, the Adelaide-based company’s new initiative – dubbed Project Galaxy – has received an overwhelming response from Industrial Internet of Things (IIOT) users around the world.
Recently launched at The Things Network Conference in Amsterdam, Project Galaxy attracted more than 3 million subscribers in the first few days.
The service costs US$2 per device per year, and provides 500 kB of satellite data each month. This is more than enough for devices to send and receive information several times a day, with additional capacity to enable forecasting, prediction and maintenance.
“In the big scheme of things, 500 kB is not much, but for an IoT device it’s a good amount of data,” Tata Nardini told create.Tata Nardini said the companies who have signed up to Project Galaxy include a mix of Fortune 500 giants and tech startups.
Although users will only have a satellite pass overhead about once every six hours, Tata Nardini said this will still meet customers’ needs as the vast majority only need to send data two or three times a day.
“With edge computing, there’s a lot that the sensor can do in the field without seeing the satellite,” she explained.
Tata Nardini explained there was a trade-off between the number of satellites in their constellation and the level of capacity and reliability. For customers that need to connect more frequently, or in emergencies, Fleet can provide another service via third-party satellite network providers including Iridium.
Tata Nardini said Fleet currently leads the market in offering an IIoT backhaul that uses the LoRa WAN (long range wide area network) protocol for satellite communications.
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