OQ Technology
Satellite operator pioneering 5G non-terrestrial network connectivity for IoT and direct-to-device use cases.
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OverviewAbout OQ Technology
OQ Technology is a Luxembourg-based satellite operator that runs a low-Earth-orbit constellation of nanosatellites providing 5G Non-Terrestrial Network connectivity for Internet of Things devices and, increasingly, direct-to-device (D2D) service to standard smartphones. It uses standards-based 5G technology and licensed S-band spectrum to reach devices in remote and rural areas across sectors such as energy, maritime, mining, logistics and agriculture. The company was founded in 2016 by Omar Qaise and serves enterprises and mobile operators including Aramco, Deutsche Telekom and Telefónica.
ProductsWhat OQ Technology builds
TIGER constellation
OQ's series of 6U nanosatellites (including TIGER-2 and later units) that form its growing 5G IoT low-Earth-orbit constellation.
MACSAT
An ESA-supported agile nanosatellite mission dedicated to demonstrating 5G IoT in low Earth orbit, launched in 2023.
Direct-to-Device (D2D) smartphone connectivity
A satellite-to-smartphone service that delivers 5G NTN messaging and connectivity to unmodified handsets.
Track recordMilestones & press
grant
European Investment Bank venture debt to fund 20+ software-defined satellites for IoT and direct-to-device services
product
Launched MACSAT, an ESA-supported nanosatellite mission demonstrating 5G IoT in low Earth orbit
funding
Raised €13M (Series A), backed by Wa'ed Ventures (Aramco), Phaistos Investment Fund
FundingPublicly reported rounds
| Year | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Series A | €13M | Wa'ed Ventures (Aramco), Phaistos Investment Fund | rcrwireless.com | |
| Venture debt | €25M | European Investment Bank | spacenews.com |
amounts as reported in press coverage, not verified against filings
Knowledge baseQuestions people ask
What does OQ Technology do?
OQ Technology: Satellite operator pioneering 5G non-terrestrial network connectivity for IoT and direct-to-device use cases.
Where is OQ Technology based?
OQ Technology is based in Wasserbillig, Luxembourg.
How many satellites does OQ Technology operate?
As of October 2025 OQ reported operating ten LEO satellites in orbit, and it plans to grow the constellation to 30 in the near term with an ultimate goal of around 100 satellites.
Who are some of OQ Technology's customers?
OQ's IoT connectivity customers include the Saudi oil company Aramco as well as mobile operators such as Deutsche Telekom, Emnify, KPN and Telefónica.
What is OQ Technology's 2026 EIB financing for?
The €25 million venture debt from the European Investment Bank is intended to fund the development and launch of more than 20 software-defined, multi-band satellites to support its IoT and new direct-to-device smartphone services.
ProvenanceEvery field, with its source
Open a source to inspect the evidence. Labels distinguish official records, company-published facts, third-party reporting, and derived values.
| Field | Value | Source | Checked |
|---|---|---|---|
| displayName | OQ Technology | oqtec.comcompanyOwned ↗ | |
| sector | SpaceTech / Satellite IoT | oqtec.comcompanyOwned ↗ | |
| legalName | OQ TECHNOLOGY S.à r.l. | Luxembourg Business Registers (RCS)official ↗ | |
| rcsNumber | B209888 | Luxembourg Business Registers (RCS)official ↗ | |
| legalForm | SARL | Luxembourg Business Registers (RCS)official ↗ | |
| registrationDate | 2016-10-27 | Luxembourg Business Registers (RCS)official ↗ | |
| registeredOffice | 40-42, Grand-Rue, L-6630 Wasserbillig | Luxembourg Business Registers (RCS)official ↗ | |
| operationalAddress (company-stated) | 1 rue de la Poudrerie, L-3364 Leudelange | oqtec.comcompanyOwned ↗ | |
| founded | 2016 | Luxembourg Business Registers (RCS)official ↗ | |
| teamSize | 11-50 | linkedin.comthirdParty ↗ | |
| stage | scaleup (EUR 13M Series A (2022) + EUR 25M EIB venture debt (2026), ~EUR 38M total financing) | derived from funding records and team size on filethirdParty | |
| coordinates | 49.714034787, 6.50167797 (40-42, Grand-Rue, L-6630 Wasserbillig) | Geoportail BD-Adressesofficial ↗ | |
| contactPhone | +352 20 60 28 68 | oqtec.comcompanyOwned ↗ | |
| https://www.linkedin.com/company/oqtec/ | linkedin.comthirdParty ↗ | ||
| longDescription | (about text) | en.wikipedia.orgthirdParty ↗ | |
| annualAccounts | pending | Centrale des Bilans queuedpending | · |
| publicPresence | LinkedIn + 5 press/news sources | linkedin.comthirdParty ↗ | |
| logo | /logos/oq-technology.png | oqtec.comcompanyOwned ↗ |