Boeing is a fan of IoT satellites
The venture capital arm of Boeing, the world's largest aerospace company, has invested in Australian satellite firm Myriota.
Myriota is currently developing low cost, low power transmitters which aim to connect millions of IoT devices to satellites in orbit.
The company started its journey as a $12 million project out of the University of South Australia back in 2011. At the time, it was known as the Australian Space Research Program.
After the need for IoT connectivity was identified, the project...