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You are here: Home / News / OQ Technology clinches a Best Satellite IoT Award

OQ Technology clinches a Best Satellite IoT Award

October 17, 2023 by editorial

OQ Technology recently won the Best Satellite IoT Award at the Middle East Technology Excellence Awards 2023 — this award, presented by the Asian Business Review Magazine, recognizes exceptional companies in the region that have pioneered technological innovation in their sectors.

OQ Technology’s comprehensive range of IoT products and services, including their flagship OQ ONE, cater to a broad spectrum of industries, ranging from oil & gas, logistics, and mining, to maritime, relief efforts, government operations, and advanced agriculture and farming. Constructed to exacting standards, OQ Technology’s offerings thrive in even the harshest environments, optimizing productivity and expediting the digitalization of vital applications.

This suite of solutions covers areas such as wellhead monitoring, livestock management, logistics streamlining for prompt cargo movement, and asset tracking across terrestrial and maritime domains. They also pioneer services such as smart metering and facilitating secure, remote financial transactions.

The award was accepted by OQ Technology’s Co-Founder, Mohammed Al Muhairi.

Recently, OQ Technology announced the successful launch of MACSAT aboard Arianespace’s Vega (Mission VV23). This addition propels OQ’s LEO fleet count to 6, with ambitions to expand to 10 by the close of 2023 and 72 satellites by 2025. This crucial advancement promises to bolster both their spaceborne and terrestrial infrastructure while substantially widening satellite coverage. This pivotal milestone reinforces the company’s dominance in cellular Direct-to-Device (D2D) technology as well as promises to drive digital transformation across diverse sectors.

“We are profoundly honored to accept this award, a testament to the tireless efforts and dedication of the OQ team since our inception. Additionally, we wish to extend our heartfelt gratitude to all our esteemed partners, including Saudi Aramco, the Saudi Communication, Space, and Telecommunication Commission, MBRSC, the Luxembourg Government, Luxembourg Space Agency, and ESA.” — Omar Qaise, Founder and CEO, OQ Technology

Filed Under: News

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