Hiber @ Nanosats Database

Name	Hiber
Previous names	Magnitude Space
Products Services	ADCS / AOCS
Constellations	IoT / M2M Send small packets of data (140 characters, accompanied by time‐stamp, identifier and location). Status: Cancelled, Launches ongoing Constellation page at NewSpace Index
Country	Netherlands
Founded	2016
Funding	$43.9M
Photos
Oneliner	Hiber has a big mission: make IoT easy to buy, easy to install, and easy to use for companies all around the world. No matter how remote. From the middle of the mountains. To the middle of the desert. We’re building end-to-end IoT solutions that make off-grid asset monitoring simple and affordable, thanks to satellite connectivity.
Notes	HiberDrive is a brand new Attitude and Orbit Control System (AOCS) miniaturized to 1U for the global CubeSat market. Hyperion’s Attitude Determination and Control System has been combined with Dawn Aerospace’s high performance green bi-propellant propulsion module. Although developed for Hiber’s low power IoT SmallSat constellation, HiberDrive is being opened up for use in other small satellite constellations. Constellation plans cancelled in 2021. Bought by Astrocast in 2022, but the deal failed. Hiber demands Astrocast cash after failed acquisition. Astrocast recently recorded 287,000 Swiss Francs in revenues for the six months to the end of June, down from 824,000 Swiss Francs for the same period in 2021 — a year it benefited from a European Space Agency development contract. The company reported a 9.1 million Swiss Franc loss for the first half of 2022 in EBITDA — or earnings before interest, taxes, depreciation, and amortization — compared with a loss of 5.5 million Swiss Francs for H1 2021. At the end of June, Astrocast said it had a cash balance of 553,000 Swiss Francs.
Social
Status	Inactive in nanosatellites

Own nanosats launched	Hiber One (Hiber 1, HiberOne), Hiber Two (Hiber 2, Hiber-2, HiberTwo), Hiber 4 (Hiber Four, HiberFour), Hiber 3 (Hiber Three, HiberThree)

Last modified: 2023-01-06