The grant follows Sky & Space (ASX:SAS) application to Poland for funds set aside by the EU to support and encourage research into space technology.
Announcement of the grant comes as Sky & Space confirmed that significant commercial targets continue to be achieved, with binding Memorandum of Understanding (MoU) agreements signed with five telecom service providers operating across the globe.
The satellite operator says agreements have been signed with companies in Canada, India, the Caribbean and North and South America, and act as a pre-curser to signing definitive revenue generating agreements in due course.
The project will be established in collaboration with the Faculty of Electronics at the Wroclaw University of Technology, Poland.
According to Sky & Space the project is set to innovate and disrupt the M2M and smart grid market by giving network operators in remote locations easier access to telecommunication connectivity allowing for easier aggregation of service offerings and effective network monitoring.
In line with SAS’ business strategy, the project will focus on rural locations in Africa and South America and will be dedicated to improving network capabilities.
Sky & Space announced details of the MOU signings with five new agreements with global teleco providers:
Briskcom is a Brazilian satellite telecommunications solutions company, active since 2003 and concentrated primarily on the energy sector, and focussed on corporate and government markets. The company has become a specialist in providing bespoke technological solutions that demand high availability and personalised support. Its solutions use the most efficient and effective technology available.
SkyX is a Canadian data acquisition company that designs, builds, programs and remotely operates autonomous vehicles for its large number of clients. Long-range flight, coupled with remote charging stations, enables missions that span hundreds or thousands of kilometres long, most commonly used in oil and gas pipelines and other long-range assets. Mission-specific sensors can be mounted to cater for specific customer requirements, and SkyX rapidly converts data into meaningful and actionable reports.
Penteon is a globally focussed IoT engineering firm with over 150 years of technology and aerospace industry experience. The company leverages decades of terrestrial and satellite telecommunication for sensor and cloud enterprise expertise to focus on the design and manufacture of hardware, software and intelligent data analytics for Smart City, transportation and Smart Government IoT application.
The Smart City concept is building cities engrained with innovation, while engaging and connecting with their economic, environmental and community health. Penteon provide the infrastructure in which to collect actionable data, analyse it, and use that information to make cities more efficient, cost-effective, safe, and healthy.
SAS and Penteon will work together to explore how SAS’ connectivity platform can be incorporated into the projects currently underway by Penteon on industrial sensing solutions for locomotives, rail cars and track-side equipment.
Surge Telecom Ltd is a telecommunications start-up headquartered in Jamaica. It provides specialised wireless telecommunications services in the Latin American and Caribbean regions.
The company was started in 2015 by a group of tech entrepreneurs to create niche telecommunication solutions that can be sold in countries in the Latin American region, especially the Caribbean.
Surge’s latest venture is in narrow band satellite communications services where it is aiming to bring affordable connectivity services to a number of sectors including healthcare, safety and security and agriculture.
The MoU with Surge Telecom represents the third binding agreement for Sky and Space Global in the Caribbean region.
Unizen Technologies is an Indian technology services company that, using satellite connectivity, provides managed services of IoT applications. It specialises in hardware and application development for safety and mission critical systems, high availability systems, high speed data acquisition systems and multi-core platforms, such as smart metering and smart farming.
SAS and Unizen Technologies will explore how Unizen Technologies can use SAS proprietary terminals as a backhaul, following Unizen’s recent Nigerian contract win for the tracking of cattle.
Under the terms of each MoU agreement, SAS and its respective partner will continue to test, discuss and collaborate on how proprietary SAS nano-satellite IP can be incorporated into current and future projects to improve the reliability and accessibility of the service.