Spain’s Sateliot launches €100m fundraise to ‘accelerate’ satellite rollout

emeaiw_sateliot-funding

Source: Sateliot

Sateliot kicks off Series-C round, seeking fresh funding to accelerate satellite deployment programme and enable the launch of ‘sovereign’ commercial NB-IoT services later this year…

This article includes:

  • Organisations: Avançsa; Banco Santander; Cellnex; Deutsche Telekom; European Investment Bank (EIB); European Union (EU); Global Portfolio Investments; Hyperion Fund; Indra; Indra Space; Sateliot; SEPIDES; Spanish Department of Defence; Spanish government; Spanish Society for Technological Transformation (SETT); Telefónica Global Solutions; Telefónica Group; Telefónica Tech.
  • Geographies: Europe; Spain.
  • People: Óscar López Águeda; Jaume Sanpera.
  • Themes: Commercial NB-IoT services; Constellations; Debt; Defence projects; Digital sovereignty; Digital transformation; Equity investment; Fundraising; Funding round; Internet of Things (IoT); Low-Earth orbit satellites (LEO); Narrowband IoT (NB-IoT); Public funding; Satellite deployment; Satellite infrastructure; Sovereignty; Technology.

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