• Fleet Space Technologies attracts $26.4m (USD) investment valuing company at $126m (USD)
• Series B Round oversubscribed
• Investment confirms confidence in Fleet Space advanced satellite technology 
• Tech drives radical Internet of Things (IoT) efficiencies 
• Investment is firm commitment to Australia’s rapidly emerging space industry  
• Investment creates 70 new jobs, including many desirable STEM positions 

ADELAIDE, Australia (Fleet Space Technologies PR) — Fleet Space Technologies announces that it has secured $26.4m (USD) in investment, valuing the company at $126 million (USD). This represents a major step forward for Fleet Space Technologies, which is committed to creating the world’s most advanced low-power satellite network, securing planet-wide coverage for millions of compatible Internet of Things (IoT) devices by using its in-house Nanosatellite technology. This funding will underpin significant expansion in Fleet Space’s manufacturing footprint and will expand the company’s highly skilled workforce.