Sateliot is deploying the first LEO satellite constellation compatible with the 5G NB-IoT standard, enabling seamless connectivity between terrestrial and satellite IoT networks. The Spanish company targets agriculture, utilities, logistics, and smart city applications.
| Round | Amount | Valuation | Lead Investors | Date |
|---|---|---|---|---|
| Series B | $25M | ~$100M | Undisclosed European investors | Jun 1, 2024 |