- Sateliot plans to launch its second nanosatellite in October this year for end-to-end service demonstration
- This ‘Growth Line’ complements a first ‘Entrepreneur Line’ that Enisa already granted in the early stages of the company in 2019
BARCELONA (Sateliot PR) — Enisa, the company under the Spanish Ministry of Industry, Trade and Tourism dedicated to the alternative financing of innovative business projects, has backed Sateliot, the company that will put into orbit the first commercial constellation of 5G-IoT nanosatellites, with a new loan of 640,000 euros for the launch of its second nanosatellite.
The public body thus revalidates its confidence in the project by contributing to financing the company’s growth, after it already granted it a first line of financing of €200,000 in its early stages in 2019.(more…)