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Spacetech startup OQ Technology raises EUR13m in Series A funding round

The funding round was led by Wa’ed Ventures, the venture capital arm of Aramco, and Phaistos Investment Fund, managed by 5G Ventures in Greece.

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OQ Technology raises $13 million to expand satellite IoT network

OQ Technology raises $13 million to expand satellite IoT network
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Aramco s Wa ed Ventures co-invests $13 million Series A round in OQ Technology

Luxembourg-based 5G satellite operator OQ Technology, has closed a €13 million Series A funding round co-led by Saudi.

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VC Firm for Saudi Oil Company Aramco Invests in OQ Technology for Satellite IoT

Satellite IoT company OQ Technology closed a 13 million euro ($13 million) Series A funding round led by Wa’ed Ventures, the venture capital arm of Saudi

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Space startup OQ Technologies bags first US patent

A Luxembourg-based internet of things startup has received its first US patent for a wake-up function that allows its devices to more efficiently communicate with the satellites in its network.

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