Another great article on our Fund II portfolio company Hiber. Hiber is focused on three markets: agriculture, tank and silo monitoring and logistics. The solar-powered satellites will collect data beamed up from a modem connected to IoT devices and relay them back to Earth in places where internet connectivity is poor or non-existent, such as rural areas in Africa.
Hiber nanosatellites might be small, but the Dutch space startup has big ambitions: to provide low-cost, low-power internet connectivity to internet of things (IoT) devices anywhere on the planet. The firm launched its first two nanosatellites in November 2018. It expects the network to go live for its partners – which include the British Antarctic Survey and non-profit EduClima – in the next two months.