The rise of new space companies in the last few years has impressed current and veteran observer alike. One such company that’s making some noise in the private sector space race is the Amsterdam-based space startup, Hiber.
Formerly called as Magnitude Space, this company was founded in 2016 by some of the biggest, most experienced hitters in satellite tech — Coen Janssen, Erik Wienk, Erik Wienk, Ernst Peter Hovinga, Ernst Peter Hovinga, Laurens Groenendijk, Maarten Engelen.
Innovation credit: €1.8 million euros
In a recent announcement, Hiber has secured an innovation credit of €1.8 million of the Netherlands Enterprise Agency (RVO). The company will be managing this fund to launch two IoT satellites after the summer of 2018 as part of plans to develop a Low Power Global Area Network (LPGAN).
Delivers global connectivity at affordable cost!
Named as Hiberband, it delivers global connectivity for sensor and Internet of Things (IoT) related devices at affordable cost. While the exact launch date is yet to be announced, the first satellite will be launched around August 2018 through the Indian PLSV launcher.