Sateliot, a pioneer in the creation of a Low Earth Orbit (LEO) nanosatellite constellation, launched 4 satellites with the goal of expanding its LEO nanosatellite constellation and improving global connectivity through 5G NB-IoT NTN standards. This crucial step, operated from Vandenberg Air Force Base in California, is part of its “Revolution” mission, which propels the company towards commercial operation.
This launch was carried out on August 16 aboard a SpaceX Falcon 9 rocket and expands telecommunications coverage globally, benefiting mobile operators and users in the most remote areas of the planet. The company is preparing to start commercial operations and positions Spain as a benchmark in IoT connectivity.
It was supported by important entities such as the European Space Agency (ESA), the GSMA, and the Spanish Government. This endorsement underlines the importance of Sateliot’s project and also positions the company as a key player in the field of global satellite connectivity.
Jaume Sanpera explains the uses of his satellites. Source: Sateliot via YouTube
Sateliot boosts its mission with launch of four satellites
During a special event in Barcelona, Jaume Sanpera, CEO and co-founder of the company’s the companySanpera, highlighted that this achievement allows the company to start generating revenues and continue to lead innovations in 5G NB-IoT NTN technology. 5G NB-IoT NTN technology. The company’s “Revolution” mission, symbolized by a badge inspired by Antoni Gaudi’s dragon, represents the resilience of its technology and its ambition to launch more than 100 satellites by 2028.
The company, which has already raised €25 million since its founding in 2018, is looking to expand its constellation with new funding rounds and expects to reach revenues of €1 billion by 2030. Its patented technology, “Store and Forward”, promises unprecedented global connectivity, accelerating the integration of IoT services in various sectors such as agriculture, logistics and critical infrastructure, i.e. it allows data to be stored when there is no direct connection to a receiver on the ground, sending it when connectivity is restored.
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Source and internal photo: Sateliot.Space
Main photo: Shutterstock
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