Sky and Space Company Ltd, a British public company, has set its sights on building a constellation of 200 nanosatellites for narrowband communications in equatorial Low Earth orbit. The ambitious project is expected to cost a total of $160 million or less. The company aims to serve unconnected markets and provide coverage for IoT devices, enabling communication in remote areas where traditional connectivity services are not available. The proposed network would be the first of its kind in equatorial orbit, differentiating it from existing satellite networks. Sky and Space Company's mission is to offer affordable and accessible connectivity to users worldwide, and this new initiative takes the company a step further in achieving its goal.