Cable / Telecom News

exactEarth invests in Australian satellite IoT technology company

CAMBRIDGE, ON – Canadian satellite services company exactEarth Ltd. has announced plans to invest AUD $2 million to secure a minority ownership position in Australian technology company Myriota Pty Ltd.Since its establishment in 2009, exactEarth has pioneered a powerful new method of maritime surveillance called Satellite-AIS (S-AIS) to deliver clients a view of maritime behaviours across all regions of the world's oceans unrestricted by terrestrial limitations. The company said that its investment in Myriota will offer it an exclusive license to utilise that company’s advanced signal processing Intellectual Property for the fast growing Satellite Internet of Things (SIoT) global market.  In return,...