Sateliot builds and operates a 5G satellite connectivity constellation aimed at delivering IoT and 5G New Radio services, including voice, video and data. The company has launched six satellites to date and plans to launch five more in 2026, with a targeted deployment of 16 satellites to complete its IoT use case and serve as a 5G NR demonstrator. Sateliot reports more than 400 clients in 60 countries and has precontracts worth €270 million, alongside commercial agreements with operators such as Telefónica, Deutsche Telekom and VIVO. Since founding, Sateliot has raised nearly €100 million and received financing from the European Investment Bank to support its initial deployments and growth. The company has also attracted industrial, institutional and financial investors including Indra, Cellnex, SETT, Sepides, Hyperion, Global Portfolio Investments and Banco Santander, and was highlighted by Spain’s Ministry for Digital Transformation during the Series C announcement in Barcelona. Sateliot has said it will use the new capital to accelerate constellation deployment and global commercial execution.

Total raised

$143M

Funding rounds

10

Latest round

Series B

Latest activity

Mar 2025