Company Research Report: Lacuna Space Ltd.

Company Overview

Name, Mission of the Company

Company Name: Lacuna Space Ltd.

Mission: Lacuna Space is dedicated to providing low-cost, simple, and reliable global connectivity solutions for sensors and mobile equipment. Their vision is a world of securely connected sensors and devices, utilizing open standards to facilitate automation and control worldwide, including the most remote locations.

Founding Information

Founded in: 2016

Founded by: No specific founders mentioned aside from key people.

Key People in the Company

Rob Spurrett: CEO, Co-founder

Thomas Telkamp: CTO, Co-founder

Jon Pearce: CCO

Headquarters

Location: R27 Rutherford Appleton Laboratory, Harwell Campus, Oxfordshire, OX11 0QX, United Kingdom

Number of Employees

No information is available.

Revenue of the Company

No information is available.

Known For

Lacuna Space is recognized for its innovative approach to satellite Internet of Things (IoT) solutions using open protocols like LoRaWAN® for ultra-low power satellite connectivity.

Products

Offered Products

1. Battery-powered sensors

Description: Enables low-power sensor-to-satellite communication, ideal for remote locations and various industry applications.

Key Features: Long battery life (up to five years), no need for mains power or recharging, use of low-cost cubesats in orbit.

2. Satellite Connection Network

Description: Provides seamless connectivity utilizing the LoRaWAN® network protocol.

Key Features: Integration with terrestrial LPWAN networks, low-cost satellite connectivity, extensive coverage including remote areas.

Recent Developments

Recent Developments in the Company

Awarded the Rising Star 2024 by ESA for their ultra-low power satellite connectivity innovation in the IoT market.

Expansion of business operations in Australia with necessary licenses and approvals for commercial satellite IoT services.

New Products Launched

No specific new product launches mentioned.

New Features Added to Existing Products

Enhanced interoperable devices and platforms forming part of a collaborative "Lacuna Network" design, enabling multiple satellite constellations to offer robust IoT services.

New Partnerships

dstelecom Partnership: Collaborating to enhance IoT connectivity in remote parts of Portugal.

Omnispace and Other Partners: Partner constellations are expanding, with further satellites planned for 2025.

Lacuna Space continues to lead in satellite IoT solutions, forming strategic partnerships to widen global reach and provide affordable connectivity solutions to underserved regions. The company’s developments reinforce its commitment to making satellite connectivity as seamless as internet services, contributing to significant technological transformations across various industries.