Startup · Luxembourg
OQ Technology
HQ Leudelange, LuxembourgFounded 201611-50 employeesUpdated
OQ Technology is a Luxembourg-based satellite operator pioneering 5G Non-Terrestrial Network (NTN) connectivity through its direct-to-device (D2D) global satellite network.
Funding8 rounds · ~$47.2M
- Equity raised
- ~$47.2M
- Debt, secondaries & grants
- ~$39.3M
- Latest
- ~$29.6MDebt · Feb 25, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Feb 25, 2026 | Debt | ~$29.6M | — | — | — | Reported |
| Feb 17, 2025 | Grant | ~$2.6M | — | — | — | Reported |
| Feb 17, 2025 | Undisclosed | Undisclosed | — | — | — | Reported |
| Oct 21, 2024 | Convertible | ~$32.7M | — | — | — | Reported |
| Sep 1, 2022 | Series A | $13.0M | — | Wa'ed Ventures | — | Reported |
| Jul 1, 2019 | Seed | $1.4M | — | — | — | Reported |
| Aug 1, 2018 | Grant | ~$6.9M | — | — | — | Reported |
| Jan 1, 2017 | Grant | ~$249K | — | — | — | Reported |
- Debt~$29.6MFeb 25, 2026
- Grant~$2.6MFeb 17, 2025
- UndisclosedUndisclosedFeb 17, 2025
- Convertible~$32.7MOct 21, 2024
- Series ALed by Wa'ed Ventures$13.0MSep 1, 2022
- Seed$1.4MJul 1, 2019
- Grant~$6.9MAug 1, 2018
- Grant~$249KJan 1, 2017
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Space, launch and counterspace | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Luxembourg satellite operator providing 5G NTN direct-to-device connectivity; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Luxembourg satellite operator providing 5G NTN direct-to-device connectivity; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People1
| Person | Role |
|---|---|
| Omar Qaise | CEO and Founder |
Sources4
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Luxembourg", "hq_iso2": "LU", "id": "79221232-ab89-479c-a765-05fb242ba295"}”
- 2
OQ TECHNOLOGY · Supports Organization · description, Organization · name, Organization · website
“OQ Technology is a Luxembourg-based satellite operator pioneering 5G Non-Terrestrial Network (NTN) connectivity through its direct-to-device (D2D) global satellite network.”
Funding1
- 3DatabaseOQ Technology company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“funding round: Grant, 2017-01-01, EUR 235,000”
People1
- 4
aeromorning.com · Supports Role
““Midstream oil, gas and utilities companies have limited monitoring over their assets”, said Omar Qaise, CEO and Founder of OQ Technology.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.