Sateliot Funded To Build 100-Sat Constellation For 5G IoT

Sateliot points to interest in building "sovereign European telecommunications infrastructure" Credit: Sateliot

Sateliot points to interest in building "sovereign European telecommunications infrastructure."

Credit: Sateliot
Sateliot of Barcelona, Spain, closed a €70 million ($75.7 million) Series B round to fund the deployment of a 100-satellite 5G internet-of-things (IoT) constellation. The Series B round includes €10 million from Hyperion Fund, intended to support development of defense applications, Sateliot said...
Garrett Reim

Based in the Seattle area, Garrett covers the space sector and advanced technologies that are shaping the future of aerospace and defense, including space startups, advanced air mobility and artificial intelligence.

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