Great article on our portfolio company Hiber in Forbes. HiberBand is a global Internet of Things network for tracking or getting data from things like haulage vehicles, power cables, pipelines or sensors for precision agriculture ... and fishing boats, bees and cows.
Two shoebox-sized nano-satellites from the Netherlands are creating a space internet network like no other. The target market? Assets, rigs, pipelines, buoys, cargo, fishermen, farmers and even beekeepers who live in the 90% of the planet that currently has no affordable internet access. What is "space internet?" It's not a new concept, of course. Internet access from space has been around for many years thanks to orbiting satellites, but it's traditionally been slow and expensive. However, Dutch startup Hiber is about to make its HiberBand service available globally, and it's expected to be 20-30 times cheaper than using sat-phone networks. Hiber won't have the market all to itself, with Astrocast, Myriota and Swarm all planning similar services (though the technology being used varies in implementation and cost).