LEO nanosatellite constellation operator Sateliot has launched four additional satellites as part of its 5G NB-IoT NTN constellation. These satellites extend the coverage of mobile telecom operators in 100 percent of the planet and were deployed on the SpaceX Transporter-11 mission.

The technology incorporates enhancements from previous satellites. It is the first constellation to implement standard GSMA and 3GPP developments fully on satellites. In addition to providing commercial services, Sateliot aims to use these advancements to continue leading the NTN community in future innovations. Sateliot’s approach, featuring its patented “Store and Forward” technology, offers global connectivity with its new orbital plane.

The company is also advancing a certification programme for commercial terminals to expedite the integration of their service into the market.

“This launch propels us into a new phase of development,” said Jaume Sanpera, CEO and co-founder of Sateliot. “Not only will we begin generating revenue, but we will also position Spain as a global leader in IoT connectivity.”

Sateliot plans to deploy additional satellites by 2025 and is actively engaged in discussions to secure a Series B funding round of 30 million euros. Since its founding in 2018, Sateliot has raised 25 million euros and aims to achieve revenues of 1 billion euros by 2030.

Sateliot’s technology, which initially will connect more than eight million devices from companies that have already contracted the service, is designed to support a range of use cases for SMEs, public administrations and large enterprises in sectors such as agriculture, livestock, logistics and critical infrastructures.