Sateliot secures major backing to scale 5G IoT satellite network
Paris, France (SPX) Apr 01, 2025
Sateliot has finalized a euro 70 million Series B funding round, reinforcing its role as the first 5G IoT mobile operator delivering connectivity from space. The company uses an innovative low-Earth orbit (LEO) satellite constellation to provide cost-effective global Internet of Things (IoT) services, enabling coverage where traditional networks fall short. The newly raised capital will a
Sateliot has finalized a euro 70 million Series B funding round, reinforcing its role as the first 5G IoT mobile operator delivering connectivity from space. The company uses an innovative low-Earth orbit (LEO) satellite constellation to provide cost-effective global Internet of Things (IoT) services, enabling coverage where traditional networks fall short. The newly raised capital will a
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