European Investment Bank loans €30M to Sateliot
The European Investment Bank (EIB) has announced a €30 million loan agreement with Sateliot to support its low Earth orbit (LEO) IoT satellite constellation. Barcelona-based Sateliot plans to launch over 100 satellites designed to function as orbital mobile towers, providing 5G narrowband IoT connectivity to more than 8 million devices in remote, rural, and oceanic... Read more » The post European Investment Bank loans €30M to Sateliot appeared first on Internet of Things News.
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The European Investment Bank (EIB) has announced a €30 million loan agreement with Sateliot to support its low Earth orbit (LEO) IoT satellite constellation. Barcelona-based Sateliot plans to launch over 100 satellites designed to function as orbital mobile towers, providing 5G narrowband IoT connectivity to more than 8 million devices in remote, rural, and oceanic... Read more »
The post European Investment Bank loans €30M to Sateliot appeared first on Internet of Things News.
