Israeli satellite company SkyFi raises $3million in investment

Israeli satellite company SkyFi raises $3million in investment

Raz Itzhaki Tamir, CEO of SkyFi SkyFi, an Israel-based technology start-up, has raised US$3 million in its first round of fundraising to create worldwide internet access through a network of 60 satellites which cost, in total, less than one conventional satellite. SkyFi has developed patented technology to reduce the cost of putting satellites into orbit...

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