Sateliot

Sateliot is launching the first low-earth orbit (LEO) nanosatellite constellation providing 5G coverage for IoT. Its cost-effective technology allows the use of low-cost commercial devices to connect to satellites, opening possibilities in the massive IoT market in remote areas. This is the first time terrestrial cellular telecommunications seamlessly merge with satellite connectivity.

Buy Funded Startups lists

Funding Round:

Funding Amount: €6M

Date: 11-Jan-2024

Investors: Banco Santander

Markets: IoT, Telecommunications, Satellite

HQ: Barcelona, Catalonia, Spain

Founded: 2018

Website: https://sateliot.com/

LinkedIn: https://www.linkedin.com/company/sateliot

Twitter: https://twitter.com/sateliot

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