Satellite operator Sateliot sets up India subsidiary

European satellite operator Sateliot, specialising in Low Earth Orbit-based narrowband IoT (NB-IoT) connectivity, is eyeing the India opportunity and has recently incorporated a local subsidiary here to tap what it describes as a “key market.”

Ethan Mudavanhu, Regulatory Affairs Lead — Asia, Africa and Middle East at Sateliot, said India's IoT devices and connections are projected to grow sharply over the coming years.

He noted that this creates a significant opportunity for satellite IoT to deliver low-cost connectivity to sectors such as agriculture, transport, mining and utilities, provided the regulatory framework fosters this distinct category of services.

It is pertinent to mention here that unlike Starlink and Eutelsat, that primarily target broadband internet access, Sateliot's business model centres on narrowband satellite IoT connectivity for machine-to-machine applications in areas like agriculture, logistics and utilities.

Internet of Things or IoT, connects devices and machines to the internet so they can exchange data- think soil sensors on farms, or smart electricity meters.