Sateliot Closes €70 Million Series B Round with €10 Million from Hyperion to advance its satellite constellation

The latest investment comes from Hyperion, adding to previous contributions from SETT (a Spanish Government fund) and Global Portfolio Investments, as well as financial backing from the EIB and strategic shareholders, including Indra, Cellnex, and SEPIDES. Barcelona, 26 March 2025.– Sateliot has successfully closed its €70 million Series B funding round, strengthening its position as […]
Spanish government invests €13.8M in Sateliot

With this transaction approved by the Spanish Council of Ministers, Sateliot advances in its Series B round, reaching nearly €60m of the €70m expected
Sateliot CEO charts course towards €1bn annual sales

Find original article published by TelcoTians here. Sateliot CEO Jaume Sanpera says operator’s backlog of contracts are set to deliver €270m in annual revenue once it switches on commercial NB-IoT satellite services during 2025. Close collaboration with MNOs to connect additional end users to its network set to drive startup towards its target of reaching […]
Satellite IoT is Unlocking New Growth and Revenue Opportunities for Global Business

Article First published at Designrush.com Key Takeaways: Global connectivity for over 8 million devices is being enabled through satellite IoT technology. The 5G satellite network is addressing cost and accessibility challenges, making IoT more feasible. Strategic investments and partnerships are driving global expansion in the satellite IoT sector. Almost 5,000 devices connect to the internet […]
Remote Solar Farms are getting a 2025 satellite upgrade

A shimmering expanse of solar panels stretches across the horizon in the heart of Queensland, Australia. The Dugald River Solar Farm, the country’s largest remote solar installation, is a beacon of progress in renewable energy. Covering more than 200 hectares and boasting an 88-megawatt capacity, it powers critical mining operations in the resource-rich North West […]
EIB finances with €30 million Sateliot’s satellite network

Sateliot is a Spanish startup building a network of over 100 small satellites with global reach that will connect devices in remote, previously unserved areas. This is the EIB’s first venture debt operation with a Spanish space company and in the segment of satellite communications. The financing is part of the support the EIB is […]
Enhancing Operational Efficiency on the Berkut Oil and Gas Platform with NewSpace Technology

The Berkut platform, located 25 kilometers offshore in the Sea of Okhotsk near Sakhalin Island, Russia, is one of the world’s most advanced oil and gas facilities. Constructed to withstand extreme Arctic conditions, including temperatures plummeting to -44°C, towering 18-meter waves, and seismic activity up to magnitude 9, Berkut plays a critical role in the […]
Eseye and Sateliot Join Forces to Revolutionise Global IoT Connectivity with Seamless Satellite-Terrestrial Integration

BARCELONA – 27 November, 2024 – Eseye, a leading provider of global IoT connectivity solutions, has announced its partnership with Sateliot, the leader in the IoT satellite connectivity landscape, dedicated to delivering reliable and global 5G from Space IoT solutions using advanced LPWAN satellite technology. The partnership aims to enable seamless and ubiquitous global connectivity […]
Beacon of the Highlands: A Connected Smartwatch Saves a Life

In the high-altitude wilderness of the Karakoram Range, where survival hinges on preparation and resilience, New Space technology is redefining exploration. This is the story of Maya, a mountaineer and environmental scientist, and how a connected smartwatch—powered by satellite communication—became her lifeline in one of the most remote and unforgiving terrains on Earth. The Karakoram […]
Enhancing Connectivity on the Madrid-to-Marrakech Logistics Route with NewSpace Technology

The Madrid-to-Marrakech logistics route, spanning over 1,200 kilometers, plays a critical role in the seafood trade between Europe and North Africa. This trade involves the transport of fresh and frozen seafood from Spain’s bustling coastal regions to Morocco, while Moroccan seafood, such as sardines and shellfish, is exported to European markets. This route, crossing a […]