Phantom Space, Ingenu to build 72-satellite constellation

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Phantom Space, a Tucson, Arizona-based space transportation and rocket manufacturing startup, has reached a deal valued at up to $240 million to design, build and launch a 72-satellite constellation that will carry Industrial Internet of Things (IIoT) payloads for wireless network provider Ingenu. 

The Internet of Things is a series of physical objects embedded with sensors, processing ability, software, and other technologies that connect and exchange data with other devices and systems over the Internet and other communications networks.

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Under the agreement, Phantom will develop spacecraft buses and system integration that will be used to launch Ingenu’s AFNIO constellation, the world’s first space-based public network exclusively for machine-to-machine…

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