Phantom Space, which is a Tucson, Arizona-centred rocket manufacturing and space transportation company, has agreed to design, develop, and deploy a 72-satellite constellation for wireless network operator Ingenu that will contain Industrial Internet of Things (IIoT) payloads. The Internet of Things (IoT) is a collection of physical things with sensors, processing power, software, and other capabilities that connect and share data with other systems and devices via the Internet as well as other communication networks.
Phantom will create spacecraft buses as well as system integration for Ingenu’s AFNIO constellation, which will be the globe’s first space-centred public network entirely for machine-to-machine communications, providing global coverage and enhanced battery life than any current satellite network.
The constellation will first focus on smart agricultural, smart grid, asset tracking, smart cities, smart factory, mining, oil & gas, and logistics end-to-end solutions. The bigger share of the satellites are scheduled to launch in late 2023 on the Phantom’s Daytona launch vehicle.
According to Jim Cantrell, co-founder, and CEO of the Phantom Space firm, the agreement comes as the company seeks to lessen the hurdles to new business applications in space. “By teaming with Ingenu, we’re partnering to transfer Ingenu’s value into the space platform where it may have a global impact on their clients,” Cantrell explained. “This alliance takes us closer to our shared aim of bringing the much-required disruptive benefits of the space technology to the consumer directly.”
Even though Ingenu’s long-range, low-power wide-area network (LPWAN) alternative for the Internet of Things has been implemented in over 50 terrestrial networks on 5 continents over the last ten years, CEO Alvaro Gazzolo asserts the new partnership with Phantom will permit the firm to move forward in a much more “rapid and cost-effective manner.”
“We’ll be able to design and run a satellite system that allows us to provide consumers with complete end-to-end alternatives anywhere on the planet and complement existing clients’ terrestrial networks,” Gazzolo said. “Nothing like this has ever been done before.” Phantom is aiming to become the “Henry Ford” of space transportation, with intentions to deploy hundreds of rockets annually, in addition to enabling new commercial apps in space.
Phantom was formed and is run by entrepreneurs with prior experience in Investment Banking, Venture Capital, and as founding members of the other technology firms. Its top operating leaders have raised more than $200 million in equity financing in tranches ranging from Series A to Series C. Its business plan is for the development of a family of launch vehicles able of delivering payloads of up to 450 kilograms to orbit, as well as satellites, constellations, and interplanetary spaceships and their subsystems.