Fundraising Fox

Myriota

Founded 2015 · 78 employees on LinkedIn · 15 known investors

Myriota provides satellite connectivity infrastructure for IoT devices, enabling partners to develop solutions across industries. The company focuses on an ecosystem approach to connect previously unreachable devices and systems globally.

Also known as Myriota Pty Ltd

Founders & leadership

Myriota was founded in 2015 by Dr David Haley.

DD
Dr David HaleyCTO & Co-Founder

Investors · 15

Also in the syndicate · 7

BoeingBoeing HorizonXHostplusleadIn-Q-Tel, Inc.Malcolm TurnbullSingtelSingtel Innov8

Company profile

researched Aug 2026

Myriota is an Australian satellite Internet of Things company that provides direct-to-satellite and hybrid satellite-cellular connectivity for devices operating outside terrestrial network coverage. It operates purpose-built IoT networks served by a constellation of low Earth orbit nanosatellites, and sells connectivity alongside development tools, certified hardware and integration support so that partners can build and deploy industrial IoT solutions.

The product portfolio spans two network families. UltraLite is a direct-to-satellite service for long-duration, low-payload sensing, marketed with set-and-forget operation of about ten years of field life on two AA batteries; it is delivered through the UltraLite Module, a developer toolkit and the FlexSense configurable satellite-connected edge device. HyperPulse is described by the company as the world's first commercial 5G Non-Terrestrial Network engineered for IoT, is 3GPP standards compliant, and combines terrestrial and 5G NTN connectivity with lower latency and higher data rates; it is supported by a developer kit, SIM packs and AssetHawk, a rugged battery-powered asset tracker with Bluetooth Low Energy gateway functionality for connecting environmental sensors.

Target applications include asset tracking, tank monitoring, water monitoring and smart water metering, smart agriculture, heavy equipment monitoring and government use cases. The company also states a portfolio of more than 100 granted patents.

Founding story

Myriota originated in the Institute for Telecommunications Research at the University of South Australia, where the founding team pursued satellite communications research aimed at IoT users who found existing satellite services too expensive, too power-hungry and too complex. According to co-founder David Haley, the team consulted prospective users early to define system parameters such as message size and battery life, and by the time the company spun out of the university it had filed a portfolio of ten patents covering the core inventions and had demonstrated the system working direct to satellite. A world-first transmission of IoT data direct to a nanosatellite was achieved in 2013, and the company was founded in late 2015 to commercialise low-cost, long-battery-life global connectivity.

Business model

Myriota sells network connectivity on its satellite-only and hybrid satellite-cellular IoT networks together with hardware that enables it: communication modules, edge devices such as FlexSense and AssetHawk, SIM packs, and developer/proof-of-concept kits sold through an online store (for example an AssetHawk QuickStart Kit at $199, a FlexSense Quick Start Kit at $299 and a five-unit FlexSense PoC Kit at $1,225). The company positions itself as ecosystem-focused, working through device partners, distributors, systems integrators and application and visualisation providers rather than selling end solutions directly.

Revenue derives from IoT network connectivity services on the UltraLite and HyperPulse networks and from sales of hardware including modules, edge devices, SIM packs and developer kits.

Traction

Myriota reports a partner ecosystem numbering in the hundreds worldwide and millions of messages delivered over its network. Deployments cited by the company include Grundfos remote pump monitoring across 67 water bores on Kalala Station, a roughly one-million-acre cattle property in Australia's Northern Territory, and Taggle Systems' use of Myriota connectivity for remote water utility metering. In January 2026 the company reported the successful launch of eight additional satellites, and at its 2020 Series B it planned to grow its constellation to 25 satellites by 2022.

Latest developments

In December 2025 Myriota announced general availability of HyperPulse, which it describes as the world's first commercial 5G Non-Terrestrial Network engineered for IoT, and in January 2026 it reported strengthening its global IoT network with the successful launch of eight satellites. Its newest edge product, the AssetHawk asset tracker with 5G NTN connectivity and BLE sensor integration, is available alongside the HyperPulse developer kit and SIM packs.

Full profile — market position, technology, go-to-market, geography, history

Market position

Myriota positions itself in low-cost, low-power satellite IoT connectivity, addressing areas the company describes as lacking terrestrial coverage across roughly 90% of the Earth's surface. It is based in Adelaide, a centre of the Australian space industry and home of the Australian Space Agency, and claims the first commercial 5G Non-Terrestrial Network engineered for IoT.

Differentiation is based on purpose-built IoT satellite networks rather than adapted general satellite services: disruptively low connectivity cost, ultra-low power operation with about ten years of field life on two AA batteries, low total cost of ownership, global coverage, and a 3GPP standards-compliant 5G NTN offering. A patent portfolio of over 100 granted patents and an ecosystem-first partner model are also cited.

Technology

The company's technology stack combines a constellation of low Earth orbit nanosatellites with low-power terminal technology. The UltraLite service is engineered for ultra-low power, set-and-forget sensing with small data payloads and multi-year battery life. HyperPulse is a 3GPP standards-compliant 5G Non-Terrestrial Network offering lower latency and higher IoT data rates, with "dynamic pulse" capability to vary latency and data delivery across fine-grained geographic areas. The AssetHawk tracker adds a BLE gateway for wireless sensor integration. Myriota reports over 100 granted patents and heritage in telecommunications research, including a world-first direct-to-nanosatellite IoT transmission in 2013.

Go-to-market

Go-to-market is partner- and ecosystem-led: sensor developers, systems integrators, distributors and solution providers build products on Myriota's platform, supported by developer kits, certified hardware, integration support and partner management tools. Low-cost proof-of-concept and developer kits are sold directly through the company's online store to accelerate evaluation, and named partners include Grundfos, Taggle Systems and Globalsat Group.

Solution providers, device makers, systems integrators and distributors serving remote and distributed operations, with end-user industries spanning agriculture, water utilities and metering, resources and mining, logistics and transport, heavy equipment, environmental management, government and defence.

Geography

Headquartered in Adelaide, South Australia (Level 1, McEwin Building, Lot Fourteen, North Terrace), with a United Kingdom office in Guildford, Surrey. The 2020 exactEarth asset acquisition added staff in Canada and global ground station assets, and the team has been described as distributed across Australia and Canada. Partners and deployments extend internationally, including Brazil through Globalsat Group.

History

Founded in 2015 out of University of South Australia telecommunications research, Myriota productised its patented satellite communications technology within about a year of founding. A Series A round completed in early 2018 brought in Main Sequence, Boeing and Singtel and funded a second generation of products. In late March/early April 2020 the company acquired satellite communications assets from exactEarth, adding four satellites, Canadian staff and a global ground station network, and days later announced a $19.3 million Series B led by Hostplus and Main Sequence Ventures. A partnership with Spire was announced to deliver near real-time bidirectional secure communication by the end of 2022. More recently the company brought its HyperPulse 5G Non-Terrestrial Network to general availability in December 2025 and reported the successful launch of eight satellites in January 2026.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 202250 people
Granted patentsJan 2026100 patents
Planned constellation sizeApr 202025 satellites
Satellites launchedJan 20268 satellites
Total funding raisedJan 2022$50M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Telit17 shared keywordsTelit designs and manufactures telecommunications terminal equipment and M2M (machine-to-machine) modules for industrial and IoT applications. The company serves customers globally and operates under strict quality, environmental, and security compliance standards.
Zipit Wireless14 shared keywordsZipit provides cloud-based platforms for cellular IoT connectivity management and subscription billing enablement, working with major carrier networks. It serves OEMs, including Fortune 500 companies and startups, to launch and manage connected device solutions with wireless connectivity.
Eseye12 shared keywordsEseye provides managed IoT connectivity services globally, enabling enterprises to deploy connected devices with reliable networks. The company serves large multinational organizations requiring scalable IoT solutions across multiple regions.
telnyx12 shared keywordsTelnyx operates a full-stack communications platform that owns its own global carrier network, enabling real-time voice AI, messaging, and inference without intermediary handoffs. The company serves enterprises requiring deterministic routing, reduced latency, and compliance-by-default infrastructure for AI agents.
Hologram11 shared keywordsHologram provides global IoT connectivity solutions that simplify device management and reduce costs for businesses deploying internet-connected devices across multiple countries. The platform offers real-time monitoring, carrier failover, and unified dashboard management across 190+ countries.
Flolive11 shared keywordsfloLIVE is a global IoT network platform built by telecommunications and technology experts that enables intelligent device operations beyond basic connectivity. The company serves businesses managing distributed IoT operations through a single platform delivering low-latency performance and automated compliance.
Digital Matter10 shared keywordsDigital Matter designs and manufactures low-power IoT hardware and device management software for GPS asset tracking, sensor monitoring, and telematics. Its deploy-once devices are sold through a global network of reselling partners across applications including fleet, equipment, cold chain, container, and environmental monitoring.

Companies competing with Myriota for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2026
Launch of eight additional satellites

Myriota reported strengthening its global IoT network with the successful launch of eight satellites.

source ↗

Dec 2025
General availability of HyperPulse 5G Non-Terrestrial Network

Myriota announced general availability for HyperPulse, described as the world's first commercial 5G Non-Terrestrial Network engineered for IoT.

source ↗

Jan 2022
Partnership with Spire for bidirectional communication

Partnership with Spire announced to deliver near real-time bidirectional secure communication by the end of 2022.

source ↗

Apr 2020
$19.3M Series B led by Hostplus and Main Sequence Ventures

Series B round to expand the satellite constellation to 25 by 2022, grow headcount by 50% over two years, and expand in key international markets; all Series A participants also took part.

$19.3M source ↗

Apr 2020
Acquired satellite communications assets from exactEarth

Myriota acquired satellite communications assets from data services company exactEarth, including four satellites, additional staff based in Canada, and a global network of ground station assets.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Myriota do?
Adelaide-based Myriota supplies low-power satellite and hybrid satellite-cellular IoT connectivity, modules and edge devices.
Who founded Myriota?
Myriota was founded by Dr David Haley in 2015.
Who are Myriota's investors?
Myriota's investors include Artesian, Boeing HorizonX Ventures, In-Q-Tel, InterValley Ventures, Main Sequence Ventures, Right Click Capital, South Australian Venture Capital Fund, Venture Catalyst Space.