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.
Indra is expected to enter this Series A of Sateliot with an approximate 10.5% stake in the company and Cellnex with another 3.5%
Sateliot expects to reach a turnover of more than 1 billion euros and an EBITDA of 370 million euros by 2025
MADRID Sateliot, the company that will put into orbit the first commercial constellation of 5G-IoT nanosatellites that will act as a coverage extension for mobile operators, is finalizing the closing of a capital increase divided into two tranches for 10 million euros through which Indra and Cellnex are incorporated as new shareholders and industrial partners.
Euroconsult announced the winners of its Finspace award during the final days of its flagship World Satellite Business Week in Paris.
PARIS, WASHINGTON, MONTREAL, YOKOHOMA, SYDNEY, TOULOUS France, 16 December 2021 – Euroconsult, the leading consulting firm specialising in the space sector and satellite markets, announced the winners of the Finspace competition at the 2021 World Satellite Business Week (WSBW) held at the Westin Hotel in Paris. A staple of the WSBW since its inception in 2017, Finspace acknowledges the year’s most avant-garde and innovative start-ups in the space sector.
Companies taking part in the Finspace competition benefit from an exceptional networking opportunity with Euroconsult’s executive level network in attendance at the event, as well as peer-level exchange of best-practices and experience. Finspace assesses companies from a comprehensive spectrum within the value chains of Satellite manufacturing or subsystems, Access to space, Satellite operations, Space traffic management and awareness, Ground segment & end user terminals, Downstream services (Satcom, EO, Information, Navigation) and Software..
It will begin operating from San Diego before the end of the year with telecoms and IoT device experts from both companies
BARCELONA, Spain (Sateliot PR) — Sateliot, the satellite operator that will launch a constellation of nanosatellites to universalize the Internet of Things with 5G coverage, will enter the U.S. market before the end of this year thanks to EvoNexus – the accelerator sponsored by the microchip manufacturer Qualcomm and the operator Verizon.
After evaluating more than 414 companies from around the world, EvoNexus has recognized the technological and innovative potential in the fields of space and telecommunications of Sateliot and six other companies, which have been selected to develop 5G use cases together with strategic partners in their areas of expertise.
Industry leading global strategy consultancy and market intelligence firm Euroconsult have announced the six companies that have been shortlisted for their 5th annual Finspace competition. Part of this year’s World Satellite Business Week, the Finspace initiative recognizes and celebrates the achievements of innovative startups from across the space sector.
PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA, SYDNEY, 6th October 2021 –Euroconsult’s Finspace pitch initiative was launched in 2017 as part of the company’s flagship World Satellite Business Week event and strives to showcase the most promising and innovative start-ups from across the space and satellite industry value chains. Six finalists have been selected for the 2021 awards from entries that were submitted from all across Europe, the United States, and Australia. Approximately one third of this year’s entries represented small launch development companies.
BARCELONA (Sateliot PR) — Sateliot – the satellite operator that will launch a constellation of nanosatellites to universalize the Internet of Things with 5G coverage – has obtained the provisional authorization from the Spanish Government, through the Ministry of Economic Affairs and Digital Transformation (Mineco), necessary to start its 5G-IoT services.
This authorization allows the different terrestrial terminals located in different points of the peninsular geography to connect to the signal offered by the satellite that Sateliot launched into space last March aboard the Soyuz rocket.
BARCELONA (Sateliot PR) — Sateliot, the satellite telecommunications operator, is preparing with a dozen companies and the Spanish Ministry of Defense -as a potential user- the deployment of a constellation of low-orbit nanosatellites that, in addition to the democratization of IoT with 5G coverage, will also enable a secure information exchange system using QKD quantum keys.
This is a cross-cutting project led by Sateliot, which will involve an investment of more than 176 million euros and has just been submitted to the Spanish Ministry of Industry as part of the Program for the Promotion of Industrial Competitiveness and Sustainability projects that will serve as a guide for the allocation of European Next Generation funds. With this project, the consortium seeks to position Spain as a world reference in 5G IoT constellations and secure global communications, enabling the Spanish industrial sector to digitize as a priority.
Follow the launch live on Saturday at 07:07:12 CET at this link
BARCELONA, Spain (Sateliot PR) — Sateliot, the company that will launch this Saturday from the Baikonur base in Kazakhstan the first nanosatellite of a constellation of up to 100 to extend the Internet of Things globally and massively with 5G coverage, plans to start offering service in 2022 to bill more than 236 million euros in 2025, as revealed today by its CEO, Jaume Sanpera, at a press conference with journalists.
MOSCOW (Roscosmos PR) — On March 20, a launch of the Soyuz-2 launch vehicle with the Fregat upper stage is scheduled from the Baikonur Cosmodrome that will deliver 38 spacecraft (SC) from 18 countries into three sun-synchronous orbits:
BARCELONA, Spain (Sateliot PR) — Sateliot, the satellite telecommunications operator, is finalising with Open Cosmos, the company that operates end-to-end space missions, the launch of its first nanosatellite, which is scheduled for the morning of 20 March from the Baikonur Cosmodrome in Kazakhstan.
The company has developed a solution to save the more than 33,000 dollars per ton that cleaning our seas represents today.
Using satellite images and Machine Learning technologies, it detects the volume of waste, manages its removal and subsequent auction.
LISBON (Fregata Space PR) — Fregata Space, the company owned by Sateliot and that transforms satellite images into high-resolution information and high predictive value , uses the New Space ecosystem, as well as its own Big Data and Machine Learning technologies to prevent more 8 million tons of plastics end up in the oceans each year .
BARCELONA (Sateliot PR) — Sateliot has sealed an agreement with the Gatehouse Group to develop the world’s first NB-IoT network, which will enable the company to offer global 5G connectivity once the firm’s LEO smallsat constellation is deployed.
This agreement with Gatehouse is part of the 4.6 million investment plan in R&D of Sateliot and is one of the three projects that the Spanish company will carry out during the next two years.
BARCELONA – Sateliot, the first satellite telecommunications operator that will provide global and continuous 5G connectivity to all the elements of the Internet of Things (IoT), will invest more than 100 million euros ($113 million) through 2022 to launch its first constellation of nanosatellites.
The nanosatellites will have the technology designed by Alén Space for the implementation of new protocols that will make it possible to connect the objects anywhere
This technology allows its reconfiguration once in orbit so the system can be updated with new developments and advances
MADRID (Sateliot PR) — Sateliot, the satellite telecommunications operator that will provide global and continuous connectivity to all the elements that will make up the universe of the Internet of Things (IoT) under a 5G architecture, has selected Alén Space, the Spanish manufacturer of aerospace projects, to design the payload for its first nanosatellites.