Saudi Aramco VC Funds IoT Satellite Startup OQ Technology

Credit: OQ Technology
OQ Technology, a 5G Internet-of-Things (IoT) satellite startup, has received a €13 million ($12.9 million) Series A investment led by Wa’ed Ventures, the venture capital (VC) arm of oil-and-gas company Saudi Aramco. The Luxenberg-based company says its small, low-Earth-orbit satellites and terminals...
Garrett Reim

Based in the Seattle area, Garrett covers the space sector and advanced technologies that are shaping the future of aerospace and defense, including space startups, advanced air mobility and artificial intelligence.

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