Connectivity investors bet on satellite IoT as nascent market takes shape
Satellite IoT progress is pushing investors closer to Morgan Stanley’s vision of a trillion-dollar space economy by 2040, when the ...
Tag: ELSE
The LEO leapfrog | Viewpoint
Growing momentum in low Earth orbit connectivity is not only good news for the fledgling newspace sector and the data-hungry markets it hopes ...
Canada’s Helios Wire orders Russian Soyuz rocket for 30-satellite IoT constellation
Canada startup Helios Wire has picked Russia’s Roscosmos to begin launching its 30-strong IoT/M2M nanosat constellation from December. The launch ...
ELSE reserves SpaceX rideshare after securing US$6m seed funding
Switzerland- and US-based newspace startup ELSE has signed a contract with US rideshare specialist Spaceflight to reserve a spot aboard a SpaceX Falcon ...
Lockheed Martin invests in nanosat specialist Terran Orbital
Nanosat specialist Terran Orbital has received an undisclosed cash and “in-kind” investment from Lockheed Martin in return for an undisclosed stake, against ...
Magnitude Space seeks €5.5m in series A round for low-power M2M network
Amsterdam-based startup Magnitude Space is seeking €5.5m (US$5.9m) in a series A round as the low-power, low-data M2M company plans to launch nanosats ...
Cost, other benefits underscore two new LEO satcoms partnerships
Benefits including low costs for operators and accelerated data speeds underlined two LEO satcoms partnerships this week amid a backdrop of ambitious ...
Nanosat startup ELSE finalising seed round for US$50m Astrocast M2M constellation
Swiss newspace startup ELSE is close to securing seed funding for its 64-nano satellite M2M constellation AstroCast that will cost US$50m to build and launch. Despite its operations being ...
