Mar 17, 2023
Government of Luxembourg grants Space Activity License to OQ Technology
OQ Technology is happy to announce after rigorous technical, legal, security, and administrative due diligence on the company, its operations and future plans, OQ became one of the first space companies in Luxembourg to be granted this authorisation under Luxembourg’s new law on Space Activities.
In addition to its existing license for the satellites already in orbit, this license authorisation will allow OQ Technology to also provide its internet of things (IoT) and machine-to-machine (M2M) connectivity services with all additional satellites. As part of this license, the company will also be able to register its satellites in Luxembourg’s national registry of space objects.
Omar Qaise, founder and CEO of OQ Technology, said: “The authorisation comes at a time when the demand for regulating space objects and debris mitigation, due to the increasing number of satellites being launched into space, is growing across the world.”
In 2020 Luxembourg established a new legal framework for the authorisation and supervision of space activities allowing the management of risks related to space activities and state liability. It contributes to providing a safe and attractive environment for operators, investors and entrepreneurs. Its aim is to become a valuable tool for the economic development of the dynamic and competitive space sector in Luxembourg.
The framework allows the Ministry of the Economy and the LSA, the authorisation and supervision of space activities along with the registration of space objects launched into outer space. The National Registry of Space Objects, established by the Law on Space Activities, includes all objects for which Luxembourg assumes registration obligation under the Convention on Registration of Objects Launched into Outer Space.
Our CEO & Founder Omar Qaise said:
“We are very grateful to the team at Luxembourg Space Agency and the Ministry of Economy for including us in the new framework and authorising our space activity, we are very confident we will contribute heavily and make a good example of a space company pursuing the sustainable space objectives within its global satellite constellation,”
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