Myriota chief executive Dr Alex Grant with one of the company's low-cost, long battery life satellite transmitters.

Adelaide-based satellite communications firm Myriota will invest $1.36 million of its own money plus a matching grant from the South Australian Government to set up an Internet of Things laboratory, creating more than 50 new jobs in IT and advanced manufacturing.

The government grant will come from the Future Jobs Fund and the setting up of the lab will allow Myriota to integrate its ultra-low-cost satellite IoT solution into many global products and services.

The jobs that will be created at Myriota as a result of setting up the IoT lab include openings for highly-skilled software and hardware developers, and data networking and satellite communications professionals.

The technology used by Myriota involves tiny low-cost satellite transmitters that send low-powered messages directly to a constellation of low-earth-orbit nano satellites.

These satellites then relay the messages to earth where they are decoded and sent to the end user.

Chief executive Dr Alex Grant claimed the IoT industry was set to boom across the globe and his company could create significantly more advanced manufacturing jobs and undertake production runs of millions of units for export.

“Our low-cost IoT system has been deployed in field trials for months now, and there are hundreds of companies here and overseas interested in using our product to provide connectivity for a huge range of applications,” he said.

“This new IoT lab will enable us to build on our core technology and apply it across a wide range of industries including agriculture, defence, utilities, environmental monitoring, asset tracking and logistics.

“Our system works from any location and we look forward to taking our product global.”

Photo: courtesy Myriota