Satcube aims to close the gap in the LEO satellite market by creating high quality, cost-efficient portable, mobility and enterprise terminals.
Satcube, a Swedish technology company that develops satellite terminals to provide satellite broadband, will now serve the biggest space constellations in the race to connect the world. The company is tapping its current success providing the UN, The Red Cross (ICRC), ITV, CBS News and more, reporting on the ground in Ukraine and helping to save lives by providing critical portable communications.
In the leap from GEO to LEO satellite connectivity led by Starlink and Amazon, $47bn was invested in 2021 to launch thousands of new LEO satellites. Ground segment innovation, however, saw a meagre $0.5bn invested in comparison fort the same period.
While there is enormous investment in satellite and space, there is very little investment in ground infrastructure and equipment, such as portable and mobility user terminals and viable e-commerce solutions, to satisfy the rapidly evolving LEO-market, commented Jakob Kallmer, founder and CEO at Satcube.
Citing a current lack of cost effective, easy-to-use compact terminal solutions in the LEO market as well as few terminal developments and limited scale in the GEO satellite market, Satcube aims to close the gap in the LEO satellite market by creating high quality, cost-efficient portable, mobility and enterprise terminals, designed, developed, and produced in Sweden.
Reaching the full potential of LEO satellites and broadened global connectivity will not be attainable before millions of user terminals on the ground are in operations, continued Kallmer. A supplier that can design reliable terminals at a far better price point than today will see a market for several million devices
Displaying 100% revenue growth from Q1 2021 to Q1-2022, during the global pandemic, Satcube – led by founder and CEO Jakob Kallmer – has been working actively behind the scenes to bring critical connectivity to organisations. Amongst others, Kallmers team has around ten active projects in Ukraine alone, including media houses CBS News, ABC News, ITV News, Norwegian Television NRK and Danish TV channel TV2, plus International Red Cross Geneva, UNHCR and the US and European Governments.
To compete with the best terminal developers and fill the ground segment gap, Satcubes focus is a Terminals-as-a-service offering with intuitive user interfaces that anyone can operate. Automated, local production in Sweden will ensure a cost-efficient and secure supply chain. In addition, employing innovative antenna design that enables the worlds most compact in size, weight, and energy efficient terminals, for lowest total cost of ownership. Satcubes Nordic design will be the keystone for authentic identity.