On 21st September 2024, Rocket Lab’s Electron launcher successfully deployed five new satellites into orbit as part of the Kinéis constellation, dedicated to the IoT. This brings the total number of deployed nanosatellites to 10, out of a planned 25. Once fully operational, this first European IoT constellation will enable near-real-time connectivity for objects globally, providing vital data to address modern challenges. This marked the 53rd mission for the Electron launcher.
Alexandre Tisserant, CEO of Kinéis said: “Kinéis has repeated the success of this 2nd launch. Congratulations to the technical teams who are taking charge of these 5 new satellites in our constellation to get them into position. With 10 nanosatellites in the air, we are one step closer to making our commercial services available worldwide. In a few months’ time, Kinéis will be connecting thousands of objects and transmitting data to businesses and public bodies in a wide range of fields.”
In today’s digital age, data has become crucial for economic actors, governmental bodies, and environmental monitoring organisations. Through its mission, Kinéis provides high-value data in near-real time, offering a valuable decision-making tool for forecasting, anticipating, and taking action. This data allows companies and organisations to reduce risks, prevent breakdowns, lower maintenance costs, and optimise operations.
Based in Toulouse, Kinéis generated €6 million in revenue in 2023, with a target of reaching profitability within three years and achieving €20 million in sales. Preliminary commercial services will be available by the end of 2024, with full services anticipated by 2025. Kinéis aims to become the European leader in IoT within three years, capturing one-third of the global market by leveraging its strengths in nanosatellites and IoT technology.
Kinéis has formed strategic partnerships with key players in the technology and space sectors. These collaborations enable the development of bespoke solutions and accelerate the deployment of Kinéis IoT services in key markets, including partnerships with telecom companies and sensor manufacturers to speed up market penetration.
One notable partnership is with Europorte, one of France’s largest private rail freight operator, and Kerlink, a global IoT solutions provider. Together, they have developed Track Value, an innovative traceability and monitoring solution for freight activities across road, rail, air, and sea. This is the first industrial application in the logistics sector to use Kinéis’ satellite connectivity for data transmission.
In another collaboration, Kinéis has partnered with Dryad Networks, a company operating in ultra-early forest fire detection. This partnership integrates the direct transmission capabilities of Dryad Networks’ Silvanet sensors with Kinéis satellites, enabling emergency services to receive alerts within 15 minutes, even in remote areas.
Kinéis is also working with Dhruva Space to deliver IoT services in India and develop new applications supported by the Kinéis constellation. The partnership includes a joint satellite mission to expand Kinéis’ space segment capacity in India, allowing for the provision of cost-effective, advanced, and reliable IoT solutions tailored to the Indian market.
Additionally, Kinéis is collaborating with US-based Semtech, a provider of high-performance semiconductors, LoRa technology, and IoT systems. This partnership integrates Kinéis’ satellite connectivity with Semtech’s chips, providing simple and direct access to global IoT coverage. The combined offering of terrestrial and space IoT has garnered significant interest from the IoT ecosystem, broadening access to satellite connectivity for millions of users.
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