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Sateliot leads Spanish IoT nanosat consortium

Paris, 6 May 2021. – The Spanish satellite telecommunications operator Sateliot takes the lead to develop a low Earth orbit (LEO) nanosatellite constellation offering 5G coverage and a secure quantum key information exchange system.

Sateliot is leading a consortium of a dozen companies and the Spanish Ministry of Defense, as a potential user, to deploy the nanosat constellation, the company said; the project involves an investment of € 176 million and has been submitted to the Spanish Ministry of Industry.

With this project, the consortium seeks to position Spain as a world reference in 5G IoT (Internet of Things) constellations and secure global communications, enabling the Spanish industrial sector to digitize as a priority, Sateliot said.

The technology is part of the European Quango (QUANtum and 5G cOmmunication) project, Sateliot said, a network of 96 nanosatellites connecting on the 5G standard and introducing QKD (Quantum Key Distribution) technology for super-secure end-to-end encryption.

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