Daily Markup

Daily Markup #786: Transcelestial’s shoebox-sized device brings internet to 240+ people on a remote island and saves a telco company US$3M, plus more from this week

July 14, 2023 · 2 min read
Credit: Transcelestial

Let there be net!

  • Can we have internet in even the most remote locations? With just a shoebox-sized device, it can be borderless – and botherless!
  • This was recently proven by 500-backed superfast internet company Transcelestial. The team helped a telecommunications company in Malaysia bring connectivity to over 240 people on a remote island, where costly and resource-intensive undersea cables were not feasible, and radio waves would lose signal strength over open waters.
  • The shoebox solution is Transcelestial’s CENTAURI, which uses proprietary laser technology to transmit data wirelessly up to 3km.
  • With just less than half a day of installation compared to over 1,500 hours for undersea cables, underserved villagers gained access to 10Gbps speeds, and the installation saved the telco company US$3M.
  • Read the full story here.

Other stories you may have missed:

  • NodeFlair raises US$2M to help tech professionals advance their careers, starting with payslip-verified data
  • eFishery reels in US$200M to expand Indonesia’s aquaculture farming community; aims to reach 1M ponds by 2025
  • Aereo’s drones are creating jobs for people while settling disputes and increasing financial access for farmers
  • SwipeRx partners Sanofi for learning platform to upskill pharmacists and professionalize pharmacy in the Philippines
  • Riza Kristanto, Country Director of Indonesia for Monnai, shared his thoughts on the future of fintech decision-making in the country.
  • CARSOME offers faster car delivery, often within a week, eliminating lengthy waiting periods.
  • Laka partnered with Sigma Sports to provide 30-days free insurance at the point of sale.
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