Sateliot Launches €100M Series C to Accelerate Europe’s 5G Satellite…

Team S · 2026-04-11T15:06:15.000Z

Spain-based spacetech startup Sateliot has launched a €100 million Series C funding round to accelerate the deployment of its 5G satellite constellation, signaling a major push toward building Europe’s sovereign space-based connectivity infrastructure. The round, primarily structured as equity with a potential debt component, is expected to close by summer and could include up to 50% public co-financing through institutional support. This reflects increasing alignment between private capital and government-backed initiatives aimed at strengthening Europe’s digital and technological independence. Founded to bridge the connectivity gap between terrestrial and satellite networks, Sateliot is developing a constellation of 16 low Earth orbit satellites capable of delivering standard 5G connectivity directly to IoT devices. Unlike traditional satellite systems, the company’s approach integrates seamlessly with existing telecom infrastructure, enabling global coverage without requiring specialized hardware. The newly raised capital will be used to accelerate the deployment of its satellite network and scale commercial operations globally. The company aims to provide reliable connectivity in remote and underserved regions, supporting use cases across logistics, agriculture, environmental monitoring, and defense. Sateliot’s expansion comes at a time when Europe is increasingly prioritizing space-based infrastructure to reduce reliance on non-European providers and strengthen strategic autonomy. As satellite connectivity becomes a critical layer of global digital infrastructure, companies like Sateliot are emerging as key players in the race to build next-generation communication networks. With this Series C round, Sateliot is positioning itself at the forefront of the rapidly evolving spacetech ecosystem, aiming to establish a scalable and interoperable 5G satellite network that bridges terrestrial and non-terrestrial communications worldwide.

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Sateliot Launches €100M Series C to Accelerate Europe’s 5G Satellite… | Newnex