Satellite IoT dreams are crashing into reality

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Hiber Fieldwork 02

Several IoT startups that have built business plans around combined terrestrial and satellite networks have given up on the satellite portion of their dreams. Most recently, Hiber, a European satellite IoT provider, said this week that it will partner with Inmarsat’s new Elera network for the space-based portion of its network, using LoRaWAN for the rest.

Last month, Hiber filed with the FCC to drop plans to launch its own constellation. Meanwhile, Myriota, another startup, has partnered with a company called Spire rather than launch its own birds. We also saw Swarm agree to be acquired by SpaceX after proving out its business model and launching 120 small sats.

+INFO: Stacey on IoT

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