Sky and Space Global is the first company to successfully use narrowband connectivity provided by nano-satellites to deliver a voice call, text messaging and financial transactions.This technology can enable digital inclusion of the 3 billion people living on less than $8 per day throughout the developing world, while allowing businesses and governments to take advantage of new market opportunities.Until recently nano-satellites have been predominantly used for earth observation but with advancements in miniature space technology their capabilities have become increasingly sophisticated in recent years.What is unique about the Sky and Space Global model is that it delivers connectivity services at a fraction of the cost of traditional satellite communications providers.
After having 3 operational satellites in space, Sky and Space Global is building a constellation of 200 nanosatellites, which will deliver affordable connectivity to all markets in the equatorial belt by 2020 (Africa, Latin America, South East Asia and parts of Australia). Providing affordable connectivity is key for driving digital inclusion and economic growth in the developing world and for tackling poverty and improving healthcare and education.