Leudelange, Luxembourg

OQ Technology

Satellite operator providing 5G non-terrestrial IoT and connectivity services for government, defence, energy and maritime users.

Italy at night, seen from the International Space Station. Photo: NASA, Public domain (PD-USGov-NASA-AP).

Latest round~$29MVenture debt (EIB)

Total raised~$45M~$45M

Round details

Venture debt (EIB), ~$29M, 2026.

Lists government and defence among served sectors; offices in Luxembourg, Greece, Saudi Arabia, Rwanda and Australia.

Some figures rest on a single report. Treat them as indicative.Last checked 21 October 2026

What does OQ Technology do?

Satellite operator providing 5G non-terrestrial IoT and connectivity services for government, defence, energy and maritime users.

Where is OQ Technology based?

OQ Technology is headquartered in Leudelange, Luxembourg. It was founded in 2016.

How much funding has OQ Technology raised?

Total funding is ~$45M, based on announced and reported rounds. Latest round: Venture debt (EIB), ~$29M, 2026.

Who are OQ Technology's investors?

Notable investors include European Investment Bank, WAED Ventures, Luxembourg Government.

Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.

Designs, mass-produces and operates satellite platforms for Earth observation and telecommunications for government and commercial customers.

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