Swarm CEO on the Race to Space

The video discusses a new generation of affordable satellites, which are significantly smaller and cheaper than traditional ones. These satellites provide limited data services, focusing on small, valuable data transmissions rather than broadband. The company differentiates itself from competitors like Starlink by targeting IoT applications. Their business model includes hardware sales and data services, with plans for future network expansions and data monetization.

What is the size comparison used to describe the satellites?

• A loaf of bread

• A grilled cheese sandwich

• A tennis ball

• A smartphone

What is the primary function of the satellite service?

• Telephony

• Broadband Internet

• Small data transmissions

• Live video streaming

Which company is mentioned as a competitor in the satellite telephony space?

• OneWeb

• Piper

• Planet Labs

• Iridium

How does the company plan to generate revenue?

• Via hardware and data services

• By selling user data

• Through advertising

• By offering premium subscriptions

What future improvements are planned for the satellite network?

• Increased satellite size

• Higher capacity and better margins

• Reduced global coverage

• Decreased data security