The Journal of Space Commerce

The Journal of Space Commerce

Banco Santander funds Sateliot

Injects over $6.5 Million into the Company

Tom Patton's avatar
Tom Patton
Jan 12, 2024
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Sateliot has secured €6 million (≈ $6.58 million) in funding from Banco Santander. This financial backing will enable Sateliot to accelerate the development of its technology and the deployment of its satellite constellation. In 2024, the company is poised for significant growth with the launch of four new satellites, marking the beginning of its commer…

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