Currently, 99% of shipping containers are not tracked or inspected due to a lack of cellular and satellite connectivity and security, resulting in losses from cargo theft, mishandling, accidents, damage, etc.
In response to this situation, shipping companies are allocating a significant portion of their investments to ensure that, by 2025, 25% of their containers will be smart and capable of collecting data. Shipping companies are responsible for 80% of international trade.
Sateliot's technology will allow 5G NB-IoT connectivity to be extended to any area of the planet without terrestrial coverage, without operators having to change their hardware, and at a low cost. The importance of this technology lies in the premise that operators will be able to connect to the nanosatellite network via roaming when they need 5G coverage to provide connectivity. Furthermore, the low cost per device and connection is another added advantage that will drive this shift.
