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Sateliot Gets EIB Funding for IoT Satellite Network Rollout

The European Investment Bank (EIB) has signed a €30 million loan with Spanish company Sateliot to co-finance the rollout of …

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Sateliot Gets EIB Funding for IoT Satellite Network Rollout

The European Investment Bank (EIB) has signed a €30 million loan with Spanish company Sateliot to co-finance the rollout of its constellation of over 100 LEO (Low Earth Orbit) satellites, which will provide Internet of Things (IoT) connectivity worldwide.

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Tags: EIB EU Jaume Sanpera Robert de Groot Sateliot

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