55 place 2

507 Sateliot’s space leap: €70 million to connect the planet with 5G-IoT from orbit

EU-Startups
David Cendon Garcia @ EU-Startups · 03/26/2025 07:25 EDT

Barcelona-based SpaceTech company Sateliot has closed its Series B round at €70 million to deploy a constellation of more than 100 satellites to provide global connectivity services, especially in remote areas, for defense and cybersecurity applications – consolidating its position as the “first 5G-IoT telecommunications operator from space“. Hyperion Fund has invested €10 million in ...

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