Clear Blue Technologies launches new product, entering satellite wi-fi and IoT market
Pico-Grid builds upon Clear Blue’s patented cloud-based, smart off-grid systems, joining Clear Blue’s Nano-Grid and Illumient lighting products as the Company’s third product line.
Sales & Marketing
Technology / IIoT
Mining & Resources
TORONTO — Clear Blue Technologies announces the launch of its Smart “Pico-Grid” product, a new design for mission-critical Wi-Fi satellite and IoT applications. Pico-Grid builds upon Clear Blue’s patented cloud-based, smart off-grid systems, joining Clear Blue’s Nano-Grid and Illumient lighting products as the Company’s third product line.
As a power product that’s specifically designed for the ultra-low-power requirements of satellite Wi-Fi and IoT applications, Pico-Grid establishes new verticals for Clear Blue. The Company has already announced partnerships with two satellite service providers to drive connectivity services in Africa and this new product will enable additional partnerships and contracts with satellite service providers.
The global satellite internet market was estimated at US$2.93 billion in 2020 and is expected to grow at an annual rate of 20% from 2021 to 2030 to reach US$18.59 billion, according to Allied Market Research, a market research provider. The global market for IoT-focused satellite services, which includes end-device connectivity hardware and annual connectivity fees is expected to be worth US$5.9 billion by 2025, as 30.3 million satellite IoT devices are deployed globally.
“Clear Blue continues to lead the power revolution, enabling more services to go from wired power to fully wireless,” said Miriam Tuerk, co-founder and CEO of Clear Blue. “Pico-Grid gives us access to new markets in satellite Wi-Fi and IoT applications while empowering our customers to achieve lower costs and increased uptime through our managed Energy-as-a-Service (EaaS) offering. This enables our customers to provide reliable, wireless internet services, at the lowest cost, which in turn facilitates more end-users to get connected. The impact of this is unparalleled and will dramatically change the future of power and internet services.”
Pico-Grid is a complete, smart off-grid power system that includes solar, batteries and smart controls that are fully managed remotely from Clear Blue’s operations centre. Integral to all Clear Blue products is enhancing power reliability by matching anticipated future energy generation to on-site loads. This is done through Clear Blue’s advanced data analytics and patented energy forecasting which are provided to all customers as part of Clear Blue’s EaaS service contract.