IoT Satellite Connectivity Provider Raises $5M Seed Round

The company uses Ultra-low-cost nanosatellites in combination with ground based LTE/3G Narrowband-IoT enabled base stations to provide global connectivity to remote IoT devices. “Put simply, we are building cell phone towers in space. This infrastructure will resolve the problem of intermittent connectivity for non-geostationary satellites, will open new business opportunities that necessitate real-time connectivity to satellites, and will reduce reliance on costly and difficult to deploy ground infrastructure.“