Latest news with #Sateliot
Time of India
4 days ago
- Business
- Time of India
Spanish satellite operator Sateliot in talks to offer 5G to European armies
MADRID: Spanish satellite startup Sateliot is in talks with several European defence ministries to offer 5G connection for their militaries, its co-founders said on Wednesday. The company, which recently raised 70 million euros ($79 million) in debt and equity, expects to offer narrow 5G band connection to small devices in areas without mobile phone coverage through satellites. Co-founder and CEO Jaume Sanpera said the European company was attracting interest from countries in the region that want to reduce their reliance on non-European companies such as Elon Musk's Starlink. "Our service is applicable to battlefield logistics, so we have been contacted for that technology," said Marco Guadalupi, Sateliot's co-founder and chief technology officer, without disclosing which countries or how many. The company has signed an exclusivity agreement with defence contractor Indra , which owns a 4% in Sateliot, to sell its services to the military. Aside from the defence sector, other potential customers include logistics companies, farmers, oil platforms, or environmental applications, which do not need real time broadband connections. The company intends to start commercial service within two months by supplying local mobile telephone operators across the world. Final customers would pay about 2.50 euros ($2.83) a month to connect a device for a few moments a day. The company intends to deploy about 100 satellites by 2028 and hit 1 billion euros in revenue by 2030. It will gradually improve the quality of connection, making it possible to transmit voice messages once its constellation gets denser. After the most recent financing round, the Spanish state owns a 20% stake in Sateliot, Sanpera said. Sateliot currently operates five low-orbit nano satellites, each about the size of a microwave oven, and services 12 test clients.
Yahoo
5 days ago
- Business
- Yahoo
Spanish satellite operator Sateliot in talks to offer 5G to European armies
MADRID (Reuters) -Spanish satellite startup Sateliot is in talks with several European defence ministries to offer 5G connection for their militaries, its co-founders said on Wednesday. The company, which recently raised 70 million euros ($79 million) in debt and equity, expects to offer narrow 5G band connection to small devices in areas without mobile phone coverage through satellites. Co-founder and CEO Jaume Sanpera said the European company was attracting interest from countries in the region that want to reduce their reliance on non-European companies such as Elon Musk's Starlink. "Our service is applicable to battlefield logistics, so we have been contacted for that technology," said Marco Guadalupi, Sateliot's co-founder and chief technology officer, without disclosing which countries or how many. Aside from the defence sector, other potential customers include logistics companies, farmers, oil platforms, or environmental applications. The company intends to start commercial service within two months by supplying local mobile telephone operators across the world. Final customers would pay about 2.50 euros ($2.83) a month to connect a device for a few moments a day. The company intends to deploy about 100 satellites by 2028 and hit 1 billion euros in revenue by 2030. It will gradually improve the quality of connection, making it possible to transmit voice messages once its constellation gets denser. After the most recent financing round, the Spanish state owns a 20% stake in Sateliot, Sanpera said. Sateliot currently operates five low-orbit nano satellites, each about the size of a microwave oven, and services 12 test clients. ($1 = 0.8818 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
5 days ago
- Business
- CNA
Spanish satellite operator Sateliot in talks to offer 5G to European armies
MADRID :Spanish satellite startup Sateliot is in talks with several European defence ministries to offer 5G connection for their militaries, its co-founders said on Wednesday. The company, which recently raised 70 million euros ($79 million) in debt and equity, expects to offer narrow 5G band connection to small devices in areas without mobile phone coverage through satellites. Co-founder and CEO Jaume Sanpera said the European company was attracting interest from countries in the region that want to reduce their reliance on non-European companies such as Elon Musk's Starlink. "Our service is applicable to battlefield logistics, so we have been contacted for that technology," said Marco Guadalupi, Sateliot's co-founder and chief technology officer, without disclosing which countries or how many. Aside from the defence sector, other potential customers include logistics companies, farmers, oil platforms, or environmental applications. The company intends to start commercial service within two months by supplying local mobile telephone operators across the world. Final customers would pay about 2.50 euros ($2.83) a month to connect a device for a few moments a day. The company intends to deploy about 100 satellites by 2028 and hit 1 billion euros in revenue by 2030. It will gradually improve the quality of connection, making it possible to transmit voice messages once its constellation gets denser. After the most recent financing round, the Spanish state owns a 20 per cent stake in Sateliot, Sanpera said. Sateliot currently operates five low-orbit nano satellites, each about the size of a microwave oven, and services 12 test clients. ($1 = 0.8818 euros)
Reuters
5 days ago
- Business
- Reuters
Spanish satellite operator Sateliot in talks to offer 5G to European armies
MADRID, May 28 (Reuters) - Spanish satellite startup Sateliot is in talks with several European defence ministries to offer 5G connection for their militaries, its co-founders said on Wednesday. The company, which recently raised 70 million euros ($79 million) in debt and equity, expects to offer narrow 5G band connection to small devices in areas without mobile phone coverage through satellites. Co-founder and CEO Jaume Sanpera said the European company was attracting interest from countries in the region that want to reduce their reliance on non-European companies such as Elon Musk's Starlink. "Our service is applicable to battlefield logistics, so we have been contacted for that technology," said Marco Guadalupi, Sateliot's co-founder and chief technology officer, without disclosing which countries or how many. Aside from the defence sector, other potential customers include logistics companies, farmers, oil platforms, or environmental applications. The company intends to start commercial service within two months by supplying local mobile telephone operators across the world. Final customers would pay about 2.50 euros ($2.83) a month to connect a device for a few moments a day. The company intends to deploy about 100 satellites by 2028 and hit 1 billion euros in revenue by 2030. It will gradually improve the quality of connection, making it possible to transmit voice messages once its constellation gets denser. After the most recent financing round, the Spanish state owns a 20% stake in Sateliot, Sanpera said. Sateliot currently operates five low-orbit nano satellites, each about the size of a microwave oven, and services 12 test clients. ($1 = 0.8818 euros)
Associated Press
13-05-2025
- Business
- Associated Press
Sateliot Brings 5G IoT to Australia to Several Companies Generating Over $15M AUD in Recurring Revenues
Secures regulatory approvals and officially enters Australian market to offer 5G connectivity via satellite BARCELONA, Spain, May 12, 2025 (EZ Newswire) -- Sateliot, the first company to offer 5G standard-based connectivity via non-terrestrial networks (NTNs) using its own LEO satellite constellation, has officially entered the Australian market, securing a diversity of contracts and preparing to connect over 300,000 IoT devices. These deployments represent over $15 million AUD in recurring annual revenues. With regulatory approvals secured, Sateliot is now licensed for NTN services across Australia. This ensures full compliance with national communications standards and paves the way for large-scale IoT applications across rural and remote regions—key areas where traditional networks fall short. Commercial service roll-out is expected in the second half of 2025. As part of its entry into the Australian market, Sateliot has launched a pilot program that allows local IoT providers to trial its 5G-standard satellite connectivity. The initiative is intended to support early deployment and gauge performance in real-world scenarios, while offering participants preferential terms for future service rollout. In parallel, in a move to strengthen its presence and collaboration in the region, Sateliot has also joined the IoT Alliance Australia (IoTAA), the nation's leading industry body driving IoT innovation and adoption. 'Australia's unique geography and economic landscape make it one of the most promising markets for NTN-enabled IoT services,' said Gianluca Redolfi, CCO at Sateliot. 'From agriculture and mining to environmental monitoring, the need for affordable, reliable, and scalable connectivity is growing exponentially—and Sateliot is here to bridge that gap.' Unlike traditional satellite solutions that demand proprietary hardware or modifications to existing devices, Sateliot's technology allows IoT deployments to function seamlessly without altering devices or SIM cards. Providers can continue using standard 3GPP-compliant cellular devices and SIMs, enabling a unified, scalable, and cost-effective approach to extending coverage to remote or underserved areas—just as they would with terrestrial networks. Sateliot is already working with local players to deliver hybrid satellite-cellular connectivity across critical sectors such as wildlife tracking, livestock monitoring, fleet and asset management, smart farming, and environmental data collection. Globally, the company is backed by strategic partners such as the Government of Spain and the European Investment Bank, and has signed roaming agreements with Deutsche Telekom, Telefónica and Eseye, among others. Following the successful closure of a €70 million Series B round, Sateliot is rapidly scaling its operations to become a global enabler of standardized, affordable 5G IoT connectivity from space. About Sateliot Sateliot is launching the first LEO satellite constellation based on the 5G standard, enabling unmodified commercial NB-IoT devices to connect from space. This breakthrough seamlessly integrates terrestrial and satellite telecom and provides affordable IoT solutions for remote areas, aligning with Sateliot's mission to democratize global IoT access. For more information, visit Media Contact Alex Campillo / Carolina Morales +34 630 64 33 79 [email protected] ### SOURCE: Sateliot Copyright 2025 EZ Newswire
