Berg Insight: Global satellite IoT subscriber base to hit 15.7M by 2025

Analysts from Berg Insight expect the global satellite IoT subscriber base to hit 15.7 million by 2025 after surpassing 3.4 million in 2020.

The researchers predict the number of subscribers will increase at the compound annual growth rate of 35.8 percent.

IoT devices continue to proliferate rapidly. Satellites aren’t heading into orbit at quite the same pace but launches have certainly increased in tempo as an increasing number of companies seek to secure their slice...

Geespace’s IoT satellites enter final testing ahead of OmniCloud launch

Geespace, a subsidiary of the Chinese automotive giant behind Lotus and Volvo, says its first IoT satellites are entering final testing.

Many are looking to space to help power next-generation IoT services like self-driving vehicles. On the 50th anniversary of China’s first satellite launch, Geespace announced that its initial two satellites are entering final validation testing before they head to Jiuquan Satellite Launch Center for launch into low-orbit.

“With our...