OQ TECHNOLOGY

company

About

OQ Technology provides ubiquitous global network coverage for the next unconnected 50 billion IoT devices and machines

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$13M
Industries
Analytics,Internet of Things,Satellite Communication,Telecommunications,Wireless
Founded date
Oct 1, 2016
Number Of Employee
1 - 10
Operating Status
Active

OQ TECHNOLOGY aims to disrupt the satellite telecommunication industry and provides the world’s first universal plug & play "Internet-of-Things" solution that can provide connectivity anywhere. We are building a global satellite constellation dedicated for "Internet-of-Things" and "machine-to-machine" communication.
We serve the Oil & Gas, Maritime, Industry 4.0, consumer IoT, and Transport segments particularly for the management and tracking of assets in remote areas. Whether this is digital oilfield applications, offshore monitoring, SCADA applications, asset tracking, fleet management, smart metering or predictive maintenance: We provide you innovative low cost connectivity solution and high value data analytics.
Our wireless technology (developed in collaboration with Luxembourg government and the European Space Agency) is compatible with existing wireless technologies. The modules are plug & play, easy to install, have long battery life, and connect you directly to our or your data cloud.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$13M
OQ TECHNOLOGY has raised a total of $13M in funding over 2 rounds. Their latest funding was raised on Sep 1, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 1, 2022 Series A $13M 1 5G Ventures Detail

Investors

Number of Lead Investors
Number of Investors
1
1
OQ TECHNOLOGY is funded by 1 investors. 5G Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
5G Ventures Yes Series A