UnaBiz has announced it has partnered with Kinéis to provide satellite IoT connectivity for logistic and transportation.
Headquartered in Singapore, UnaBiz has recently raised US25 million in its Series B funding and is looking to grow its capabilities and develop solutions in specific verticals.
“Both Kinéis and UnaBiz are focused on creating value for the ecosystem”, said Henri Bong, Co-Founder and Co-CEO of UnaBiz. “We are excited to work with our new partner in the new space industry as Nanosatellites IoT solutions will complement our existing terrestrial offers, including LPWAN and cellular solutions, providing our partners with a truly global connectivity solution.”
In addition to its seven operational satellites and two more announced this year, Kinéis will launch a 25-nanosatellite constellation in 2023 from New Zealand, quadrupling its current network to achieve near real-time connectivity.
Alexandre Tisserant, Kinéis’ CEO said, “We are very pleased to begin this new partnership with UnaBiz in Asia, after being granted access to the U.S. market. Together, we can strengthen our market position by offering a complete and reliable IoT solution with global coverage which combines the best of each technology.”
Complementing both cellular and non-cellular terrestrial networks, satellite connectivity is especially useful for applications in asset tracking, maritime, utilities, agriculture, and construction. The new space industry is growing at a steady pace. According to studies, the number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 35.8 percent to reach 15.7 million units in 2025.
To kick off the partnership, the pair will begin the development and commercialization of a global IoT solution that collects data from Kinéis satellite network and integrates them on UnaBiz’s data platform designed for massive scale asset management. The solution aims to answer the challenge facing the global logistics and transportation industry where consistent and seamless connectivity is essential.