What's Happening?
OQ Technology has expanded its satellite IoT services to Australia, securing a license to use S-band spectrum for non-terrestrial 5G IoT services. The company has opened an office in Australia and aims to launch a direct-to-device text messaging service by the end of 2026. OQ Technology plans to operate a constellation of 82 satellites to provide global 5G IoT and D2D services.
Why It's Important?
The expansion of satellite IoT services is significant for the U.S. as it highlights the growing demand for space-based connectivity in sectors like oil and gas, agriculture, and mining. OQ Technology's services offer solutions for areas with limited terrestrial coverage, enhancing communication capabilities. This development underscores the importance of satellite technology in modern communications and industry.
