Luxembourg – December 10, 2024 – Embry-Riddle Aeronautical University and OQ Technology, a global leader in 5G satellite IoT connectivity, today announced a collaborative relationship to work together on research and development in 5G satellite technology. This collaboration, formalized through a Memorandum of Understanding (MOU), will explore joint opportunities and cooperative research efforts to advance this critical technology.

OQ Technology is pioneering the world's first constellation of Low Earth Orbit (LEO) satellites offering 5G coverage for IoT devices based on standardized 3GPP narrowband-IoT technology. Its patented technology enables seamless integration with existing cellular chips, providing ubiquitous connectivity worldwide through a combined terrestrial and satellite network. Serving industries such as energy, mining, logistics, maritime, and agriculture, OQ Technology's innovative approach has enabled them to partner with Fortune 500 companies such as Aramco and Telefonica. Founded in 2016 in Luxembourg and with offices across the globe, OQ Technology's commitment to innovation is evident through its active participation in the 3GPP cellular standardization group.

This partnership unites Embry-Riddle’s renowned aerospace engineering expertise and research capabilities with OQ Technology's groundbreaking work in 5G satellite IoT. Omar Qaise, OQ Technology Founder & CEO, states “This partnership with Embry-Riddle is a fantastic opportunity to leverage our respective strengths and accelerate the development of 5G IoT satellite technology. I’m excited about the potential for mutual growth and the significant contributions we can make together to improve global connectivity.” The combined strengths of both organizations will drive innovation in this rapidly evolving field. Specific projects and details will be developed through future agreements.

About Embry-Riddle Aeronautical University

Embry-Riddle Aeronautical University is the world’s largest, most comprehensive institution specializing in aviation, aviation business, aerospace, engineering and STEM-related degree programs. A fully accredited university, Embry-Riddle also serves as a major research center, which seeks solutions to real-world problems and global challenges in partnership with the aerospace industry, other universities and government agencies. A nonprofit, independent institution, Embry-Riddle offers more than 100 associate’s, bachelor’s, master’s and Ph.D. degree programs through its colleges of Arts & Sciences, Aviation, Business, Engineering and Security & Intelligence. The university educates 31,000+ students at its residential campuses in Daytona Beach, Florida, and Prescott, Arizona, and through online programs offered by its Worldwide Campus, which has about 110 locations globally. For more information, visit www.embryriddle.edu.

About OQ Technology

OQ Technology is a global leader in 5G satellite IoT connectivity, pioneering the world's first constellation of LEO satellites offering 5G coverage for IoT devices based on standardized 3GPP narrowband-IoT technology. Its patented technology enables seamless integration with existing cellular chips, providing ubiquitous connectivity worldwide through a combined terrestrial and satellite network. Founded in 2016 in Luxembourg and with offices in Greece, Saudi Arabia, UAE and Rwanda, OQ Technology has partnered with Fortune 500 companies such as Aramco and Telefonica, demonstrating its leadership in this rapidly expanding market. The company's commitment to innovation is evident through its active participation in the 3GPP cellular standardization group. Media LinkedIn: www.linkedin.com/company/oqtechnologysarl Contact: media@oqtec.com