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Nova Labs
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Decentralized wireless infrastructure solutions provider
Nova Labs
Work Here?
Decentralized wireless infrastructure solutions provider
About Nova Labs
Industries
Data & Analytics
Hardware
Consumer Software
Company Size
11-50
Company Stage
Series D
Total Funding
$364.8M
Headquarters
San Francisco, California
Founded
2013
Overview
Nova Labs develops technologies and services that enhance connectivity, particularly in the telecommunications and Internet of Things (IoT) sectors. The company utilizes the Helium Network to provide decentralized wireless infrastructure, which allows for scalable and secure connectivity solutions. Their products include hardware, software, and subscription services, which are sold directly and through partnerships with industry leaders. What sets Nova Labs apart from competitors is its focus on creating a seamless network experience that improves coverage and reliability for users. The company's goal is to transform how connectivity is delivered and experienced globally.
Simplify's Take
What believers are saying
- Expansion into Mexico with Telefonica could boost Helium Mobile's Latin American presence.
- The $5/month plan may attract cost-conscious consumers, increasing market share.
- Collaboration with University of Miami Athletics enhances brand visibility among younger audiences.
What critics are saying
- Regulatory challenges in international markets could impact Nova Labs' expansion plans.
- Cryptocurrency volatility may affect the stability of Helium Network's incentive model.
- Increased competition from traditional telecom providers could pressure Helium Mobile's pricing.
What makes Nova Labs unique
- Nova Labs leverages a decentralized network model for IoT connectivity.
- Helium Mobile offers a unique $5/month unlimited plan, disrupting traditional telecom pricing.
- Partnerships with major telecoms like Telefonica and T-Mobile enhance network reach and reliability.
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Funding
Total Funding
$364.8M
Above
Industry Average
Funded Over
0 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Flexible Work Hours
Wellness Program
401(k) Retirement Plan
Remote Work Options
Company News
Nova Labs is teaming up with telecommunications giant Telefonica to introduce Helium Mobile Hotspots to Mexico
Telefónica customer coverage extended in Mexico City and Oaxaca by offloading mobile data to the Helium Mobile Network.and by offloading mobile data to the Helium Mobile Network. Telefónica and Nova Labs pioneering solution enables Telefónica customers to connect to the Helium Mobile Network in a secure and controlled manner using their existing SIM.MEXICO CITY and LOS ANGELES, Jan. 24, 2024 /PRNewswire/ -- Telefónica (NYSE: TEF), the world's leading telecommunications services provider, and Nova Labs , a pioneer in decentralized wireless communication technologies, have partnered to launch Helium Mobile Hotspots in Mexico. The solution, implemented with select customers in Mexico City and Oaxaca, will extend Telefónica's coverage and enable offloading of mobile data to the Helium Mobile Network and improve overall mobile coverage service for customers.Hotspot deployment in Oaxaca, MexicoTelefónica and Nova Labs have built a solution based on the OpenWifi standard developed by the Telecom Infra Project (TIP). This solution enables select Movistar customers in Mexico to access the Helium Mobile Network using their Movistar SIM cards for authentication."Telefónica is exploring ways to expand coverage through innovative, lower-cost, cooperative-based solutions. This program in Mexico is critical to evaluate performance and customer satisfaction of this solution and its associated costs," said José Juan Haro, Chief Wholesale and Public Affairs Officer at Telefónica
Nova Labs, the entity behind Helium Network, partnered with T-Mobile to extend coverage for Helium Mobile in areas where the network is absent.
1UM Athletics partners with Helium MobileBye, bye Verizon. University of Miami Athletics has partnered with the upstart. Helium Mobile, a cell phone service built that calls itself as the world’s first people-powered network, has been named the Official Wireless Sponsor of Miami Hurricanes Athletics. Helium Mobile will be present during home games throughout the 2023-2024 season with planned activations and giveaways for University of Miami fans.The news comes just after announcing its service in Miami, its inaugural market, and launching its first hotspots for its $5/month unlimited phone plan.Helium Mobile is powered in part by the Helium Network, which is a decentralized patchwork of individuals who provide the network with connectivity and get paid in crypto in return. When Helium Mobile subscribers are out of range of one of these providers, they hop onto T-Mobile’s coverage network. “Helium Mobile represents a new category of cellular providers using what we call dynamic coverage, which is both traditional and legacy cell service, combined with people-powered cell towers,” Nova Labs COO Frank Mong told Refresh Miami last month.As part of this collaboration, Helium Mobile will host exclusive fan experiences during home games, student section takeovers, and special promotions for attendees. Through this initiative, fans are able to learn more about the people-powered network and sign up for the pilot $5 plan, exclusive to the Miami-Dade, Broward and Palm Beach regions
By Riley Kaminer. How much do you pay for your cell phone service? If you’re anything like the average American, you’re spending $144 a month (upwards of $1,700 a year!) for something that is much closer to a necessity than a luxury. That is until Helium Mobile came along. The service, provided by parent company Nova Labs, offers unlimited talk, text, and data for just $5 a month – no contract required. Its first demo? Miami, of course
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About Nova Labs
Industries
Data & Analytics
Hardware
Consumer Software
Company Size
11-50
Company Stage
Series D
Total Funding
$364.8M
Headquarters
San Francisco, California
Founded
2013
Nova Labs is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today
Accounting
1 Open Roles
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