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Sateliot Has Joined IoT M2M Council

Sateliot has joined the largest trade organization serving the IoT sector – the IoT M2M Council (IMC) – to raise awareness of its novel technology that seamlessly combines low-earth-orbit (LEO) satellite connectivity with more traditional cellular networks and for the first time in history under standard 5G protocol.


Sateliot Opens Funding Round for 5G Satellites

Sateliot has opened a €10 million convertible note to finance the deployment of its commercial constellation of low-orbit satellites that will provide 5G coverage for IoT devices anywhere in the world, directly from space. 


Sateliot Raises 10 Million Euros in Series A Round

Sateliot raised 10 million euros ($11.4 million) in a Series A investment round that conducted in two tranches. With the completion of the round, global technology company Indra owns approximately 10.5 percent of Sateliot. Cellnex, a European telecommunications and broadcasting giant, owns another 3.5 percent.



Becoming A Benchmark for Smallsat IoT-5G

The consensus of the 3GPP stakeholders validated the work proposal on what are technically known as NB-IoT/eMTC standards that are adapted to non-terrestrial networks (IoT NTN) and thus endorsed the technical feasibility study, in addition to initiating the necessary preparations for the approval of the IoT NTN regulatory phase.



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