Business Wire | August 28, 2023
Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, has signed a contract with FOSSA Systems ("FOSSA"), a Spanish company that offers global low-power Internet of Things (IoT) connectivity and in-space services to provide hosted payload services starting in 2024. The contract also includes two options for additional hosted payloads.
The hosted payloads will strategically complement FOSSA’s existing IoT satellite constellation with additional capacity and serve as a technology demonstrator platform independent of the future satellite launches FOSSA has scheduled for 2024 and 2025.
Hosted payload support is a core Momentus offering that enables customers to focus on their payload’s objective while Momentus provides the on-orbit logistics needed to operate the payload. Integrated in Momentus’ hosted payload service offering is the supply of power, data, communications, and flexible configure-to-order options such as intersatellite communications, extended data storage, ultra-high precision pointing, and edge computing capability.
"Adding to our satellite platforms, we look to expand our way of hosting communications payloads by leveraging on existing launch opportunities, namely the Vigoride. We look forward to collaborating once again with Momentus,” said FOSSA Chief Executive Officer Julian Fernandez
“Momentus provided orbital delivery services to FOSSA on the inaugural mission of Vigoride in 2022 and most recently provided mission management and integration support for the launch of the FOSSASat FEROX satellite in June 2023,” said Momentus Chief Executive Officer John Rood. “We’re pleased that FOSSA has selected Momentus again to support its growing needs and the innovation they are bringing to the market. They are a valued repeat customer and we’re always excited to help bring their ideas to life on orbit.”
Momentus is currently providing hosted payload services to Caltech for its Space Solar Power Demonstrator (SSPD). The SSPD launched on Vigoride-5 in January 2023. Caltech reports that its payload recently demonstrated its ability to wirelessly transmit power in space and to beam detectable power to Earth. Momentus will continue to provide hosted payload support to SSPD over the coming months as it continues its operations.
In addition to the Vigoride Orbital Service Vehicle, Momentus is now also offering its M-1000 satellite bus which is based on space-proven Vigoride. The M-1000 bus offers significant advantages to commercial and government customers such as its high power – up to 3 kW of peak power – large payload capacity, flexible configuration, speed from requirements to delivery on-orbit, and low cost. Momentus has offered the M-1000 satellite bus to both commercial constellation providers and to the U.S. Government.
Momentus is a U.S. commercial space company that offers commercial satellite buses and in-space infrastructure services including in-space transportation, hosted payloads, and other in-orbit services.
Enterprise Iot, Software and Tools
businesswire | July 12, 2023
Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices today, is announcing that it has onboarded a new smartphone maker as a customer. The new smartphone customer will utilize Elliptic Labs’ AI Virtual Proximity Sensor™ INNER BEAUTY® as its proximity detection solution in their future smartphone designs.
“Elliptic Labs’ technological leadership with AI, ultrasound, and sensor fusion is leading us to win over more smartphone makers,” said Elliptic Labs’ CEO Laila Danielsen. “It is exciting to see that our 100% software-based AI Virtual Smart Sensor Platform™ is delivering on our mission deliver greener, safer, and more human friendly devices.”
AI Virtual Smart Sensor, AI Virtual Human Presence Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.
All other trademarks or service markets are the responsibility of their respective organizations.
AI Virtual Proximity Sensor INNER BEAUTY
Elliptic Labs’ AI Virtual Proximity Sensor detects when a user holds their phone up to their ear during a call, allowing the smartphone to turn off its display and disable its screen’s touch functionality. This keeps the user’s ear or cheek from triggering unwanted actions during the call, such as hanging up or dialing numbers. Turning off the screen also helps conserve battery life.
Proximity detection is a core capability that is used in all smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a unique, software-only solution that delivers robust proximity detection without the need for a dedicated hardware sensor. By replacing hardware sensors with software sensors, the AI Virtual Proximity Sensor reduces device cost and eliminates sourcing risk.
About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off from Norway’s Oslo University, the company’s patented software uses AI, ultrasound and sensor fusion to deliver intuitive 3D gesture, proximity-, presence-, breathing- and heartbeat-detection experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, human-friendly and already deployed in hundreds of millions of devices around the world. Elliptic Labs is the only software company that has delivered detection capabilities using AI software, ultrasound, and sensor fusion deployed at scale. The company joined the Oslo Børs main listing in March 2022.
Industrial IoT, Platforms, Security
Prnewswire | July 04, 2023
Telit Cinterion, a global leader in the Internet of Things (IoT), and Kontron AG (KTN:GR), a global supplier of smart IoT solutions and professional IT services, today jointly announced that they have entered into a binding agreement under which Telit Cinterion will sell its cellular automotive IoT product business to Kontron.
The intended transaction includes Telit Cinterion's complete portfolio of cellular automotive wireless communication modules, ranging from 4G LTE to 5G. The expected transaction reaffirms California-based Telit Cinterion's market position as the leading Western provider of cybersecure IoT solutions, and the company's growing reach in key industrial IoT segments and end markets including energy, telematics, e-health, broadband, and security & surveillance.
With approximately 4,500 employees across 21 countries, Kontron is a technology provider to top global brands. The company posted sales of EUR 1,342 million in 2022. The intended transaction will be submitted to the relevant workers' councils. The transaction is expected to close in Q3 2023, subject to regulatory approvals and other customary closing conditions.
Kontron and Telit Cinterion customers and partners will continue to receive the outstanding supply, support, and service to which they have been accustomed. All relevant parties will receive updates throughout the transaction, upon closing and ensuing integration period.
About Telit Cinterion
Telit Cinterion is a global enabler of the intelligent edge providing complete solutions that reduce time to market and costs, delivering custom designed, ready for market connected devices in addition to maintaining the industry's broadest portfolio of enterprise-grade wireless communication and positioning modules, cellular MVNO connectivity plans and management services, edge-cloud software and data orchestration, and IoT and Industrial IoT platforms. As the largest western provider pioneering IoT innovation, Telit Cinterion delivers award-winning and highly secure IoT solutions, modules and services for the industry's top brands.
Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energy solutions, the company delivers technologies that add value for its customers. Kontron is listed on the SDAX® of the German Stock Exchange and has around 4,500 employees with subsidiaries in more than 20 countries around the world.