Barcelona-based Sateliot, a 5G satellite tv for pc connectivity operator, has introduced the launch of a brand new Sequence C financing spherical for €100 million to deploy its 5G constellation of 16 satellites.
This spherical, primarily structured as fairness with the opportunity of incorporating a further debt element, has simply opened, and the corporate expects to shut it in summer time. As well as, it anticipates as much as 50% public co-financing through match funding.
This follows its €70 million Sequence B in March 2025 – as covered by EU-Startups.
Jaume Sanpera, CEO of Sateliot, says: “This Sequence C displays the corporate’s scale and timing. It’s the largest spherical we have now opened up to now. With it, we are going to speed up the deployment of our constellation and industrial execution on a worldwide scale. We belief within the assist of commercial, monetary, and institutional buyers to consolidate a European 5G satellite tv for pc connectivity infrastructure.”
Within the context of latest European SpaceTech and adjoining infrastructure funding, Sateliot’s new €100 million Sequence C would rank among the many bigger rounds reported in 2025–2026, significantly in satellite tv for pc connectivity and orbital infrastructure.
Alongside Sateliot’s personal earlier €70 million Series B, comparable bulletins embrace France’s Look Up, which raised €50 million to develop its radar-based house site visitors administration companies; London-based Spaceflux, which secured €6.1 million to scale its satellite-tracking community; Spain’s Kreios Space, which raised €8 million to develop propulsion expertise and launch its first satellites, making it a notable same-country comparability; Germany’s Reflex Aerospace, which secured €50 million to scale sovereign satellite tv for pc platforms and manufacturing; France’s U-Space, which raised €24 million to assist industrial ramp-up and worldwide enlargement; and France’s Infinite Orbits, which secured €40 million for satellite tv for pc servicing progress.
Taken collectively, these comparable rounds quantity to roughly €178.1 million; together with Sateliot’s March 2025 Sequence B brings the whole to about €248.1 million.
Óscar López, Minister for Digital Transformation and Public Administration of Spain, who was current at this announcement, provides: “Since then, Sateliot has doubled its workforce, closed €270 million in precontracts with firms in a number of international locations worldwide, signed agreements with operators akin to Telefónica, Deutsche Telekom, and VIVO in Brazil, and acquired the ‘Future Unicorn’ award from the Digital Europe affiliation. Sateliot is an instance of Spanish and European digital sovereignty. The Authorities of Spain is proud to finance a Catalan challenge that integrates all the cycle of design, meeting, and management of satellites made in Spain.”
Based in 2018, Sateliot deployed the primary LEO satellite tv for pc constellation underneath the 3GPP commonplace, which permits unmodified industrial NB-IoT units to attach immediately from house. Its expertise integrates terrestrial and satellite tv for pc networks to supply inexpensive international 5G connectivity in distant areas and areas with out typical infrastructure.
Since its founding, Sateliot has raised almost €100 million, supported by a block of commercial, institutional, and monetary buyers akin to Indra, Cellnex, the Spanish Society for Technological Transformation (SETT), Sepides (SEPI), Hyperion, International Portfolio Investments, and Banco Santander, in addition to backing from the European Funding Financial institution (EIB), which financed the preliminary deployment of its expertise and the corporate’s progress.
As a strategic actor for European digital sovereignty, Sateliot says they promote safe, international, and accessible connectivity and plans to launch the next-generation Tritó satellites in 2027.
If raised, the capital might be primarily allotted to the deployment of 16 satellites that can full the IoT use case and function a demonstrator for the 5G New Radio expertise incorporating voice, video, and information.
Sateliot has already launched six satellites and plans to launch 5 extra in 2026.
Sateliot approaches this capital enhance with precontracts valued at €270 million, with over 400 purchasers in 60 international locations, along with agreements with operators akin to Telefónica and Deutsche Telekom.
