NuSpace
NuSpace is a Singapore-based nano-satellite company that operates a LoRaWAN IoT connectivity constellation across Southeast Asia and offers end-to-end Satellite-As-A-Service (design, build, test, launch) plus quantum-safe communications modules, serving agriculture, forestry, logistics, and space-sector customers.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingServices
What NuSpace does
NuSpace Pte. Ltd. is a Singapore-based, privately held nano-satellite company founded in 2019 as a spin-off from the National University of Singapore. It designs, builds, and operates small satellites (CubeSats/3U platforms) and delivers three interconnected commercial offerings: a LoRaWAN-based sensor-to-satellite IoT connectivity service targeting Southeast Asia, an end-to-end Satellite-As-A-Service (SAA-S) covering mission design, assembly, integration, environmental testing, and launch slot booking, and payload ridesharing on its own spacecraft. Its first commercial satellite, NuLIoN, was launched in 2023 and provides regional IoT coverage as well as a hosted payload platform for partner experiments; in August 2022 it shipped a completed satellite (Zeus-1) to customer Qosmosys, evidencing build-to-spec capability.
The company's underlying technology stack is built on the LoRaWAN protocol for low-power, long-range sensor-to-satellite links, allowing customers to reuse existing terrestrial LoRaWAN-compatible sensors without ground infrastructure. In December 2023, NuSpace and partner Squareroot8 Technologies successfully demonstrated a Quantum Random Number Generator plus Post-Quantum Cryptography (QRNG-PQC) key exchange module on NuLIoN, positioning the firm in the emerging quantum-safe satellite communications segment. NuSpace generates revenue through subscription IoT connectivity fees, one-time SAA-S build contracts, and payload ridesharing fees, with pricing conducted on a quote basis; its current scale is a single commercial satellite in orbit, a planned constellation of up to 70 satellites, and a headcount of 1-10. It is led by founder/CEO Ng Zhen Ning and co-founder Dr Luo Sha, both ex-NUS CubeSat program veterans, and is backed at seed stage by Beenext, with strategic alliances including GomSpace (Denmark), Squareroot8, NUS, and Qosmosys.
NuSpace firmographics
Firmographics- Name
- NuSpace
- Legal name
- NuSpace Pte. Ltd.
- Website
- https://nuspace.sg
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- NuSpace is a Singapore-based nano-satellite company that operates a LoRaWAN IoT connectivity constellation across Southeast Asia and offers end-to-end Satellite-As-A-Service (design, build, test, launch) plus quantum-safe communications modules, serving agriculture, forestry, logistics, and space-sector customers.
- Ownership category
- akta.pro rank
NuSpace industry classification
Industry- Product category
- Satellite IoT Connectivity Services
- NAICS
- Satellite Telecommunications (517410), Satellite Telecommunications (5174), Satellite Telecommunications (51741)
- SIC
- Guided Missiles & Space Vehicles & Parts (3760)
- akta.pro primary industry
- Satellite IoT & Machine-to-Machine (M2M) Connectivity (LPWAN over Satellite) (HDAIAJAF)
- akta.pro secondary industries
- Spacecraft & Satellites (Civil/Commercial) (IMABACAB), Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom) (HDAIAJAB), Satellite Network Operations & Capacity Services (NOC, Capacity Leasing, Managed Payload Services) (HDAIAJAI)
Keywords
Where NuSpace is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
NuSpace business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Supply Chain
Revenue model
- Satellite-As-A-Service: Provides end-to-end satellite services including mission design and analysis, satellite building and integration, environmental testing, and launch slot booking. Also develops custom components if needed.
- IoT Connectivity Services: Provides satellite-based IoT connectivity enabling sensor-to-satellite communication for mass low-cost remote sensors deployed anywhere, with data disseminated directly to users over the internet.
- Payload Ridesharing: Allows customers to integrate payloads onto existing satellites for technology validation in space, offering quick turnaround for fast turn-key solutions without requiring customers to own and operate their own satellites.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
NuSpace product offering
Product offeringCore offering
NuSpace designs, builds, and operates a LoRaWAN-based nano-satellite constellation (NuLIoN) that delivers direct sensor-to-satellite IoT connectivity across Southeast Asia without ground infrastructure. The company also offers Satellite-As-A-Service, providing end-to-end satellite mission lifecycle services including space mission design and analysis, satellite assembly integration and testing, launch slot booking, and payload ridesharing for technology validation in space.
Differentiator
Problem solved
Functional benefit
Brands
- NuLIoN: NuSpace's first commercial nano-satellite for IoT connectivity and sensor-to-satellite communication, providing regional coverage across Southeast Asia.
- Satellite-As-A-Service
Products and services
- IoT Connectivity Services Subscription-based satellite IoT connectivity service enabling direct sensor-to-satellite communication using LoRaWAN Protocol for mass low-cost remote sensors deployed across Southeast Asia, with collected data disseminated to users over the internet. Targets industries such as agriculture, forestry, environmental monitoring, and personal safety applications.
- Satellite-As-A-Service Complete satellite mission lifecycle service for enterprises and space companies, covering space mission design and analysis, satellite assembly integration and testing, environmental testing, and launch slot booking. Includes payload ridesharing for customers wanting to validate their technology in space without owning or operating their own satellites.
Quantifiable outcome
- Enables data collection from sensors on trees for environmental monitoring and climate change combat
- +2 more outcomes
Companies that use NuSpace
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
NuSpace technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NuSpace partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Squareroot8 TechnologiescorePartnership with Squareroot8 Technologies, a Singapore-based quantum silicon photonics company spinoff from NUS, for development of QRNG-PQC module for quantum-safe satellite communications. Successfully demonstrated Post-Quantum Cryptography key exchange between NuLIoN nano-satellite and Singapore Ground Station using quantum random number generator. The module is being improved towards productization for commercial applications.
- GomSpacecoreNuSpace signed MoU with GomSpace, a Danish listed company (ticker GOMX on Nasdaq First North Premier) providing systems integration, advanced miniaturised radio technology and cubesat platforms. The partnership aims to facilitate development of space projects and strengthen both companies' market positions in Singapore. The relationship dates back to early days of CubeSats in Singapore and the Galassia program, building trust, respect, and efficiency over time.
- National University of SingaporecoreNuSpace was spun-off from NUS College of Design and Engineering. The company leverages CubeSat development expertise from NUS, including experience with the Galassia program. Dr Luo Sha, a former senior lecturer at NUS who led the NUS CubeSat education programme, is a co-founder.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
NuSpace competitors and assessment
Company assessmentDirect peers
- Astrocast: Swiss-listed operator of a nanosatellite IoT constellation offering bidirectional satellite IoT connectivity, directly comparable to NuSpace's NuLIoN service across verticals such as agriculture, asset tracking and maritime.
- Swarm Technologies (SpaceX): Operates a low-cost LEO nanosatellite network providing global IoT/M2M connectivity via low-power protocols, directly competing with NuSpace's LoRaWAN-based sensor-to-satellite offering.
- Sateliot: Spanish operator building a LEO nanosatellite constellation for IoT and NB-IoT NTN connectivity, targeting remote asset tracking and industrial use cases similar to NuSpace's customer base.
- Kepler Communications: Canadian company operating a nanosatellite constellation providing IoT/asset-tracking connectivity and data services, comparable to NuSpace on architecture (small satellites, IoT use cases) and customer profile.
- OQ Technology: Luxembourg-based operator deploying a LEO nanosatellite constellation for 5G NB-IoT direct-to-device satellite connectivity, comparable to NuSpace on IoT-focused small-sat architecture and target verticals.
- Myriota: Australian IoT nanosatellite operator providing low-power, direct-to-satellite connectivity for agriculture, logistics and environmental monitoring — overlapping NuSpace's use cases in remote-asset and environmental sensing.
- Fleet Space Technologies: Australia-based nanosatellite IoT provider serving mining, agriculture and asset-tracking use cases; comparable business model and end-markets to NuSpace's IoT connectivity and SaaS offerings.
Broad incumbents
- GomSpace: Nasdaq First North-listed supplier of CubeSat platforms, subsystems and integration services; both a strategic partner to NuSpace and a broader incumbent in the small-sat manufacturing space that competes for Satellite-As-A-Service deals.
- Innovative Solutions In Space (ISISPACE): Dutch CubeSat manufacturer and mission provider offering end-to-end satellite services comparable to NuSpace's Satellite-As-A-Service line; broader portfolio across commercial, scientific and government customers.
Emerging players
- Astrocast (regional/rideshare peer: Exolaunch): Launch services and rideshare provider that integrates smallsat payloads onto commercial launches; comparable to NuSpace's payload ridesharing offering and an adjacent competitor for hosted-payload customers in the region.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
NuSpace social profiles
Digital presenceNuSpace financial estimates
Financial estimateRevenue estimate
Valuation estimate
NuSpace leadership team
Management profileNumber of profiles
Profiles3 records
NuSpace funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NuSpace M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NuSpace
What does NuSpace do?
NuSpace designs, builds, and operates a LoRaWAN-based nano-satellite constellation (NuLIoN) that delivers direct sensor-to-satellite IoT connectivity across Southeast Asia without ground infrastructure. The company also offers Satellite-As-A-Service, providing end-to-end satellite mission lifecycle services including space mission design and analysis, satellite assembly integration and testing, launch slot booking, and payload ridesharing for technology validation in space.
Is NuSpace a public or private company?
NuSpace is a private company. It is classified as venture growth investor backed and is currently operating.
When was NuSpace founded?
NuSpace was founded in 2019. It employs 1 to 10 people.
Where is NuSpace based?
NuSpace is headquartered in Singapore, Singapore, in the Asia region.
How does NuSpace make money?
Three revenue lines are on record. Satellite-As-A-Service is the primary driver. The others are ioT Connectivity Services and payload Ridesharing.
Who are NuSpace's main competitors?
Direct peers on record are Astrocast, Swarm Technologies (SpaceX), Sateliot, Kepler Communications, OQ Technology, Myriota and Fleet Space Technologies. Broad incumbents are GomSpace and Innovative Solutions In Space (ISISPACE). Astrocast (regional/rideshare peer: Exolaunch) is listed as an emerging player.
Does NuSpace have an API?
No public API is recorded for NuSpace.
What industry is NuSpace in?
NuSpace's product category is Satellite IoT Connectivity Services. Its primary akta.pro industry code is HDAIAJAF, Satellite IoT & Machine-to-Machine (M2M) Connectivity (LPWAN over Satellite), with a secondary code of IMABACAB, Spacecraft & Satellites (Civil/Commercial). Its NAICS code is 517410 and its SIC code is 3760.