Successful 2nd Launch for the Kinéis Constellation
On 21 September 2024, at 01:02 (Paris time), Rocket Lab’s Electron launcher successfully put into orbit 5 new satellites in the Kinéis constellation dedicated to the Internet of Things (IoT) market, bringing to 10 the number of nanosatellites deployed out of the 25 planned. Ultimately, this 1st European constellation for the IoT will connect any object anywhere in the world, in near-real time, and transmit useful data for the applications needed to meet the challenges of our century. This was Electron’s 53rd mission.
Commenting on the success of this 2nd launch, Alexandre Tisserant, CEO of Kinéis and recently voted ‘Personality of the Year’ by La Tribune newspaper, said: “Kinéis has repeated the success of this 2nd launch. Congratulations to the technical teams who are taking charge of these 5 new satellites in our constellation to get them into position. With 10 nanosatellites in the air, we are one step closer to making our commercial services available worldwide. In a few months’ time, Kinéis will be connecting thousands of objects and transmitting data to businesses and public bodies in a wide range of fields.”
The digital revolution has placed data at the heart of our societies. Today, it represents a considerable challenge for economic players, government authorities and environmental forecasting and monitoring bodies. Thanks to its innovative mission to collect and transmit data in near-real time, anywhere in the world, Kinéis delivers high added-value data to its end-users. This high-quality data represents a genuine decision-making tool (forecasting, anticipation, action) and offers companies and organizations considerable benefits: risk reduction, anticipation of breakdowns, lower maintenance costs, and optimization of their activities.
With sales of €6 million in 2023, the Toulouse-based start-up is aiming for profitability within three years, with sales of nearly €20 million. Preliminary commercial services will be launched at the end of 2024, with full services expected to be available in 2025. Kinéis has made no secret of its ambition to become the European leader within three years, and to hold a third of the global IoT market, by relying among other things on several key strategies that capitalise on its unique strengths in the field of nanosatellites and IoT.