Sateliot
Description
Sateliot, a Spanish SpaceTech company founded in 2018, is on a mission to become the world’s first 5G-IoT telecommunications operator from space. By deploying a constellation of low-Earth orbit (LEO) satellites, the company aims to deliver seamless NB-IoT connectivity to standard devices worldwide—bridging the digital divide in industries where remote coverage is critical, such as defense, agriculture, and logistics.
In its latest milestone, Sateliot secured €70 million in Series B funding to accelerate the deployment of over 100 satellites. The company has already launched six satellites and signed significant commercial contracts, reinforcing both market demand and technological validation.
Sateliot projects €1 billion in revenue by 2030, backed by a strong leadership team, strategic partnerships, and a scalable approach designed to integrate directly with existing telecom networks. Its vision is to make global IoT connectivity affordable and accessible, unlocking new opportunities for smart applications across every sector.
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