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OQ Technology is building a LEO constellation delivering 5G narrowband IoT connectivity and was among the first to demonstrate 5G-standard protocols transmitted from space.
ACTIVEOQ Technology is a satellite IoT connectivity provider building a LEO constellation to deliver 5G narrowband IoT (NB-IoT) and machine-to-machine communications globally. The company is one of the first to demonstrate 5G-standard protocols from space, targeting industrial IoT, agriculture, and logistics sectors.
OQ Technology differentiates itself by implementing 3GPP-standard 5G NB-IoT protocols on its satellite constellation, enabling existing cellular IoT devices to connect via satellite without hardware modifications. This approach leverages the massive installed base of NB-IoT chipsets for seamless terrestrial-satellite convergence.
Rank 114 of 147 ranked companies, shared with 1 other company on the same total. With the pillars we have not measured for this company filled at the 10th and 90th percentiles of the companies we did measure, and every other company held at its published total, the rank is likely between 85 and 139.
2 of 5 inputs measured · Medium confidence · 75% of applicable weight backed by data
Not measured: Market value, Reported revenue
Not measured: Open-role change (90 days)
A pillar score averages the company’s percentiles among the tracked companies with a value: relative standing, not a grade. Inputs measured 2026-10-07 (UTC) · methodology v5. Every input, its value and percentile · How it is computed
The Space Score ranks companies relative to each other on public data we hold. It describes; it does not rate, forecast or recommend. It is not a credit rating and not investment advice. Full disclaimer
For information only, not investment advice. SpaceNexus is not a registered investment adviser, broker or dealer, and nothing here is a recommendation to buy, sell or hold any security. Data may be delayed, estimated or incomplete; check the source before acting. Full disclaimer
Latest funding round
Venture Debt · $29M
Feb 25, 2026
LEO satellite constellation providing 3GPP-standard 5G NB-IoT connectivity for industrial and commercial IoT devices.
| OQ Technology HQ | headquarters | Luxembourg City, Luxembourg |
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Compiled Oct 7, 2026 from 4 public records. Every figure links the record it comes from.
Latest sourced round
Venture Debt: $29.0M
Announced as €25.0M; the dollar figure is the source's own
Source: Space Intel Report
Announced Feb 25, 2026
Sourced rounds on record
2 rounds, $29.5M disclosed
1 with no amount disclosed
Published rounds with a source link only, on the same rules as the funding tracker. Each round links the source that states its figure; amounts in other currencies are converted to dollars at the rate shown on the funding tracker.
Satellites owned or operated
3 in orbit of 8 launched
Latest: TIGER-8
Payloads GCAT lists with this organisation as owner or operator. "In orbit" is GCAT status O. Counted under GCAT organisation codes OQT, OQTR. Catalogue updated Sep 24, 2026.
Built 6 of its satellites (latest TIGER-8)
GCAT satellite catalogue, Mar 4, 2024
Space Inventor A/S
Built 2 of its satellites (latest TIGER-6)
GCAT satellite catalogue, Nov 11, 2023
EIB
Took part in Venture Debt (Feb 25, 2026)
Satellite data from GCAT (J. McDowell, planet4589.org/space/gcat), CC BY 4.0.
APA
SpaceNexus. (2026, October 7). OQ Technology: Company dossier [Data set]. Retrieved October 7, 2026, from https://spacenexus.us/company-profiles/oq-technology
Chicago
SpaceNexus. "OQ Technology: Company dossier." Data as of October 7, 2026. Accessed October 7, 2026. https://spacenexus.us/company-profiles/oq-technology.
BibTeX
@misc{spacenexus_oqtechnology_2026,
author = {{SpaceNexus}},
title = {{OQ Technology}: Company dossier},
year = {2026},
month = oct,
howpublished = {\url{https://spacenexus.us/company-profiles/oq-technology}},
url = {https://spacenexus.us/company-profiles/oq-technology},
urldate = {2026-10-07},
note = {Data as of 2026-10-07; each fact links its primary source}
}Saudi Venture Capital
Recorded as lead of Series A (Sep 1, 2022)
SpaceNews, Sep 1, 2022