Amsterdam-based IoT SpaceTech startup Hiber who launched the world’s first-ever IoT satellite network for remote areas and developing countries, is celebrating a stratospherically successful start to 2020.
In the latest development, Hiber is also set to receive part of the European Innovation Council Accelerator’s grant of €278 million and direct equity investment. To date, the company has raised €7.1 million in 5 funding rounds.
Appoints three industry leaders!
Along with receiving EU funding and achieving Dutch National Icon status, Netherlands’ successful startup is also excited to announce the appointment of three eminent industry leaders to its advisory board: George Coelho, co-founder of Balderton Capital and advisor to European and South-East Asian firm Finch Capital; Drew Caplan, a senior telecommunications executive and Lt. General Lawrence Farrell, a US military veteran and previous President and CEO of the National Defense Industrial Association. On the other hand, the IoT space startup has also appointed three industry leaders to its advisory board:
Hiberband – groundbreaking IoT network!
These strategic hires come after a successful 2019 that saw Hiber launch its groundbreaking IoT network Hiberband, already boasting a portfolio of 50 global customers from a diverse range of sectors including agriculture, oil, gas, and logistics..
Dutch National Icon!
Furthermore, Hiber has been selected as a Dutch National Icon, a prestigious Dutch government-backed initiative, whereby dutch companies with major social and economic potential are selected to receive government support. With this status, the Dutch company will receive support and expert counsel from the Dutch cabinet member, State Secretary Keijzer, for three consecutive years
George Coelho said:
Hiber fills a missing need in the world of IoT. It provides a low-power ubiquitous solution worldwide for industrial players of all kinds to use. No other organisation in this market has targeted this particular area nor has deployed such a valuable solution. I am excited to join this innovative company as an advisor as they continue in their journey to connect all corners of the globe with Hiberband.
Drew Caplan said:
Hiber offers not only an interesting technology play but, more importantly, a vision of how tech can be used in creative and cost-effective ways to address the most pressing challenges of our time. My experience in building and running large networks — and the teams needed to support them — will be utilised to advise Hiber on how to scale for success.
Lt. General Lawrence Farell said:
Hiber is uniquely positioned to serve a market that has, as yet, been untapped. Its operational planning and technology are well-advanced and well ahead of potential entrants to this market. My military background has not only provided me with extensive experience and an understanding of space, but also its potential, and I am excited to work with Hiber to continue to harness the power of space.
Global IoT connectivity at low cost
Ever since its inception in 2016, Hiber has grown to over 50 employees. The company launched its first two satellites from sites in Sriharikota, India, and California, USA, in November and December 2018, and will be launching its third and fourth satellites in 2020 also in Sriharikota, India.
By 2022, Hiber’s constellation will be made up of 48 satellites, powering projects across hundreds of industries and driving communications across the globe.
Main image picture credits: Hiber
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