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Spanish satellite operator Sateliot closes €70M Series B

Spanish satellite operator Sateliot closes €70M Series B

Sateliot has closed a €70 million Series B funding round that it will use to accelerate the deployment of its low Earth orbit constellation. Founded in 2018, Sateliot is developing a constellation of 100 nanosatellites in low Earth orbit to provide 5G Internet of Things (IoT) communication services. IoT connects devices, vehicles, and other objects, […]
The post Spanish satellite operator Sateliot closes €70M Series B appeared first on European Spaceflight.

Published by European Spaceflight on 03/26/2025

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