Thuraya teams with Swiss/US Astrocast IoT/M2M startup

by Peter B. de Selding

ELSE SA is planning a 64-satellite constellation of low-orbiting satellites to provide remote monitoring, asset tracking and predictive maintenance at costs the company claims are far lower than existing competitors. Credit: ELSE


PARIS — Mobile satellite communications provider Thuraya Telecommunications Co. has signed an agreement with a Swiss/U.S.-based startup that is developing a constellation of nanosatellites for low-cost machine-to-machine and Internet of Things connectivity.

With about 2 million euros ($2.10 million) in seed money from the European Space Agency, ELSE SA has one satellite under construction and planned for launch in . . .

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