Skylo emerges from stealth with $116 million funding to build affordable satellite network for IoT data

IoT Tech News | January 24, 2020

Skylo emerges from stealth with $116 million funding to build affordable satellite network for IoT data
IoT solutions provider Skylo Technologies has raised $103m in its recently held series B funding round led by SoftBank Group. Prior to this, the California-based firm raised $13m in Series A funding. Now as Skylo has accumulated a total funding of $116m till date, the company will aim to bring instant, affordable, and global IoT connectivity to millions of machines, sensors, and devices, even in the most distant geographies. Skylo also claims to be the world’s first IoT firm to leverage the NB-IoT protocol through a satellite, allowing it to instantly connect billions of sensors on objects and machines in remote areas. Its new satellite connectivity uses existing geostationary satellites to bring reliable connectivity without the requirement of adding new infrastructure in space.

Spotlight

The industrial internet of things (IIoT) is being integrated into industrial control systems (ICSs) to push for better productivity and efficiency. However, this increased connectivity may also mean an expanded attack surface that presents opportunities for attackers looking to compromise networks and productions.

Related News

ENTERPRISE IOT

Vodafone and Cradlepoint are Collaborating on a New IoT Joint Business for Global Enterprises

Vodafone, Cradlepoint | June 02, 2021

Internet of Things (IoT) technology has the power to transform your business, whatever industry you’re in. It can help collect and leverage data, streamline business operations, improve customer service, and provide unprecedented visibility of your supply chain, assets, and procedures. The boundless potential for IoT does not come without significant IT challenges and considerations, however. With great power comes great responsibility. IT teams responsible for hundreds or thousands of connected devices and applications must look at IoT solutions with a scrutinizing eye as there are complexity, costs, and security implications to consider in today’s IoT landscape. In addition to this, if the connected applications happen to span across country borders, you’ll see how achieving the flexibility, scalability, security, and overall cost-effectiveness necessary would appear a daunting task. Cradlepoint’s recent partnership with the global telecom company, Vodafone, has resulted in a new enterprise solution for international organizations looking to implement an IoT strategy without headaches. The joint offering eliminates the need to contract several different vendors. It provides an all-in-one solution that can be deployed across 22 countries, making the leap from proof of concept to production quicker and easier. The turnkey, cloud-managed solution aims to provide fast and secure WWAN connectivity to Cradlepoint customers. It gives IoT businesses the ability to securely connect devices to their network, prioritize network traffic, control sensitive data, and run business applications. It is also offered under a single contract, logistics, and support model addressing even the most challenging global IoT deployment and management requirements through our joint distributor Westbase.io. This collaboration between Cradlepoint and Vodafone is designed to fast-track the time to market for business-critical applications and services across several verticals. Examples include manufacturing operations, retail omnichannel operations, freight monitoring and logistics in transportation, Internet of Healthcare Things and telemedicine, remote asset security and smart ATMs in finance, AI, and machine learning across all environments, including intelligent utilities, smart transport, and smart governments.

Read More

DEVICES

Cartesi Joins Forces with IoTeX to Take IoT Into the Future

Cartesi | December 03, 2021

This year has seen the near infinite applications of blockchain technology continue to positively impact the world and the thousands of businesses within it, with growth in the industry not set to pause anytime soon. Supply chain, hospitality, medical data, payment systems and more already benefit greatly from updated and decentralized systems; the blockchain devices market in particular is expected to grow to over $2,459 million by 2026; a CAGR of 38.5%. The IoTeX blockchain is a leader in this field, already powering real devices, including award-winning blockchain-powered cameras from Consumer Electronic Show (CES) and the Pebble geo device, which is perfect for supply chain optimization in any industry. A multiple award-winning EMV-compatible blockchain for the Internet of Things (IoT), IoTeX was founded in 2017 and fuels the Internet of Trusted Things, as an open ecosystem where humans and machines can interact with guaranteed trust and privacy. This week an exciting partnership was forged between IoTeX and Cartesi, a platform that integrates the world renowned Linux and other standard programming environments to blockchain. As “The Blockchain OS” Cartesi bridges the gap between mainstream software and blockchain, welcoming millions of new startups and their developers to a rapidly expanding industry, offering them a home for their code. This collaboration will, in the near future, see implementations of some of the first use cases with Cartesi’s pioneering technology and the IoTeX infrastructure, performing technical integrations that will enable both teams behind the partnership to address much more sophisticated IoT-oriented solutions. Cartesi and IoTex will kick off their partnership with an Ideathon during The Dutch Blockchain Week, which runs from December 6th until December 10th 2021. The Ideathon will invite participants to come up with a use case for the IoTeX pebble that will solve a problem or interesting challenge experienced in everyday life. Participants will ideate a Web3 use case that uses real world data from IoTex's Pebble Tracker and the off-chain computing resources from Cartesi; using real-time data, public datasets, and Cartesi's Linux-based blockchain OS, they design a "if-then statement" that executes a smart contract depending on insights gleaned from the data type of choice. Example use cases are plentiful: Weather insurance could take real-time temperature data from a Pebble Tracker which is cross-referenced against the 10-year historical average temperature within Cartesi's off-chain compute environment, or real-time GPS data from a vehicle equipped with a Pebble Tracker could be cross-referenced against public map datasets within Cartesi's off-chain compute environment to provide a trusted trip for millions of travellers. Alongside a public community vote, the panel has a jury that will help in deciding on a winner. Empowerment for developers, new possibilities for end-users of IoT devices By bringing a Linux OS to blockchain, Cartesi has already unlocked a rich set of possibilities for what can be developed for people and businesses in future years. With this new collaborative effort, new experiences will be created for users of IoT technology; Cartesi OS has the potential to add a layer of privacy as well as more sophisticated data ownership management to IoT, giving users the option to choose when, where, and with whom their data is shared. With the reduction of environmental impact of blockchain technology a hot topic this year, both teams are planning to combine their expertise to create sustainable yet impactful future solutions for decentralized IoT; Through the partnership, both projects want to bring their respective communities of developers up to speed on the potential of their combined technologies. “IoTex is an environmentally friendly-oriented blockchain. We combine their blockchain technology, expertise on IoT, and hardware devices with our Layer-2 environmentally friendly blockchain agnostic technology. The integrated framework will promote a more powerful development framework for our communities, developers, and any companies interested in building fully trusted IoT solutions.” Cartesi CEO Erick de Moura About Cartesi Cartesi is the first OS on the blockchain, and their Layer-2 solution integrates Linux and standard programming environments to blockchain. This allows developers to code scalable smart contracts with rich software tools, libraries, and services they are used to. Cartesi bridges the gap between mainstream software and blockchain, welcoming millions of new startups and their developers to blockchain by bringing Linux to blockchain applications. Cartesi combines a groundbreaking virtual machine, optimistic rollups, and side-chains to revolutionize the way developers create blockchain applications. About IoTeX IoTeX is the leading decentralized network powering the future of web3 and machine economy (MachineFi). The platform is built for developers to connect billions of machines with web3 infrastructure, to create innovative products including DeFi, NFT, DAO, Metaverse, and MachineFi applications. Founded in 2017 with a team of alumni from Google, Facebook, Uber, Bosch, and Intel, IoTeX has launched a high-performance public blockchain with off-chain computing for devices and machines, cross-chain bridges, wallet, and the MachineFi marketplace.

Read More

Verizon Business and Microsoft Azure Team up to Accelerate IoT solutions

Verizon | July 27, 2020

Today, Verizon Business announced plans to simplify and accelerate end-to-end IoT solution creation by providing all the critical components in the IoT value chain available to customers, such as connected devices, network/capability, cloud hosting and artificial intelligence. Verizon’s industry-leading 5G/LTE Network, ThingSpace IoT platform - including secure connectivity to Verizon’s industry-leading 5G/LTE network and full management and diagnostics capabilities - and Critical Asset Sensor (CAS) devices have been integrated with Microsoft Azure to enable IoT Builders to create new IoT applications quickly and efficiently.

Read More

Spotlight

The industrial internet of things (IIoT) is being integrated into industrial control systems (ICSs) to push for better productivity and efficiency. However, this increased connectivity may also mean an expanded attack surface that presents opportunities for attackers looking to compromise networks and productions.