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Thuraya signs nanosatellite MoU

ELSE is launching a constellation of 64 nanosatellites ELSE is launching a constellation of 64 nanosatellites

Thuraya reports that it has signed a memorandum of understanding (MoU) with space start-up ELSE, a Swiss company developing a Low Earth Orbit (LEO) constellation of nanosatellites, to create a strategic alliance between the two organisations and grow Thuraya’s future capabilities in the M2M and IoT sectors.

{mprestriction ids="1,2"}The agreement will allow both companies to collaborate and benefit from each other’s capabilities on technical and regulatory fronts, as well as in sales and marketing, while extending their product and service portfolios.

“This agreement forms the foundation of an extensive framework and an exciting long term collaboration towards providing a progressive platform for our partners to offer services beyond basic satellite connectivity,” said Thuraya’s chief strategy officer, Jassem Nasser.

“FUTURA, our future plan, encompasses three main pillars, one of which is ‘New Wave’ services for M2M and IoT applications. Our alliance with ELSE serves as a building block for the development of this component of FUTURA and further reaffirms our commitment in building value through partnerships.”

The ELSE team has supported more than ten European Space Agency (ESA) missions, seven nanosatellite missions and is building a network of low-earth-orbit (LEO) nanosatellites named Astrocast that will provide IoT and machine-to-machine (M2M) services. This mission is also supported by the ESA through its ARTES programme.

The first satellites are scheduled for launch by 2018, as a demonstration mission, with a plan to have a total of 64 satellites in orbit by 2021. Once fully operational, the constellation will provide remote monitoring, geolocation services, predictive maintenance and intelligent data gathering.{/mprestriction}

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