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Sateliot Successfully Closes Series B Funding Round

Sateliot has announced a successful Series B funding round, raising EUR 30 million with lead participation from Global Portfolio Investments. …

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Sateliot has announced a successful Series B funding round, raising EUR 30 million with lead participation from Global Portfolio Investments. The 5G IoT company will consequently leverage the capital towards developing its proprietary technology and the deployment of its more-than-100 5G-IoT satellite constellation to provide global coverage in real-time in 2028.