PROES.SAS

PROES, an award-winning Deep-tech company, is set to transform Internet of Things (IoT) connectivity through its innovative, patent-pending solution involving a constellation of low-cost, small-sized CubeSats. These satellites are designed to facilitate data communication across vast and remote areas, addressing connectivity challenges in sectors such as logistics, smart agriculture, and mining. This is particularly vital in regions lacking conventional network services like 4G, 5G, and Wi-Fi, or where geographical barriers hinder other technologies.

The company's unique approach leverages space technology to provide a cost-effective alternative to traditional satellite and terrestrial networks, offering specialised Nano-satellite technology and proprietary communication protocols that ensure secure and reliable data transmission.

PROES focuses primarily on IoT applications for precision farming and asset tracking in remote locations. The CubeSat network's affordability and flexibility make it an attractive option for small to medium enterprises, allowing for real-time data collection and analysis to optimize processes and reduce costs.

The business model is based on a service subscription where clients pay according to their data usage and satellite access. PROES plans to generate revenue through subscriptions, partnership fees, and data analytics services, and also aims to license its LPWAN algorithm to chipset manufacturers, positioning itself as a competitive alternative to existing market solutions.

With a vision to launch a pilot constellation of four satellites and eventually expand to over 150, PROES is committed to securing intellectual property rights and establishing key industry partnerships to achieve widespread geographic and industrial coverage. 

We have been in communication with ANFR and confirmed the frequency at which we shall operate and are now applying for ITU license. Meanwhile, we are going to have a seed fundraising for launching our first 4 satellites to verify the performance and start commercialisation by 2026.

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Best regards,

Saba Homami