Sateliot

Series B · Aerospace & Defense · Barcelona, Spain · Founded 2018 · 68–80 employees

Sateliot is the first satellite operator providing global 5G NB-IoT connectivity through a Low Earth Orbit (LEO) nanosatellite constellation. The Barcelona-based company has deployed six satellites and aims to have 100 satellites operational by 2028. In March 2025, Sateliot raised €58.8 million in Series B funding including €13.8 million from the Spanish government and €30 million debt from the European Investment Bank. The company has already secured over €270 million in recurring contracts with 450+ customers across 50 countries, targeting €1 billion in revenues by 2030.

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