FOSSA Systems provides satellite IoT solutions through a network of nanosatellites, enabling global connectivity for remote industrial applications such as energy monitoring and logistics. Their technology addresses the lack of reliable communication in areas beyond cellular coverage, enhancing operational efficiency and asset management for various industries.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ICNTFounders
Product
Problem
Many industries require IoT connectivity in remote locations where terrestrial networks are unavailable or unreliable. This lack of consistent connectivity hinders real-time monitoring, data collection, and control of assets in sectors like energy, logistics, agriculture, and defense, leading to inefficiencies and increased operational risks.
Solution
FOSSA Systems provides end-to-end satellite IoT solutions, leveraging a constellation of nanosatellites to deliver global connectivity for remote asset monitoring and data transmission. Their technology enables reliable communication for IoT devices in areas beyond the reach of traditional cellular networks. FOSSA offers a complete suite of services, including nanosatellite infrastructure, satellite launch services, and satellite IoT devices and gateways. This allows businesses to maintain continuous oversight of their operations, improve decision-making, and optimize resource allocation, regardless of location. The company's solutions cater to diverse industries, providing tailored connectivity for applications such as pipeline monitoring, livestock management, and merchandise tracking.
Target Audience
FOSSA Systems targets industries with remote monitoring needs, including energy and utilities, infrastructure and construction, logistics, oil and gas, smart farming, and national security and defense.
Features
- Global IoT connectivity via a network of deployed nanosatellites in Low Earth Orbit (LEO)
- End-to-end solutions encompassing satellite IoT devices, gateways, and infrastructure
- Satellite launch services for deploying custom nanosatellite constellations
- Compatibility with LPWAN technologies for energy-efficient data transmission from terrestrial devices
- Real-time monitoring capabilities for assets in remote and underserved areas
- Integration with existing terrestrial IoT deployments
- Secure data transmission and storage