July 4, 2024
Funds

Spanish startup gets funds to deploy commercial IoT constellation

TAMPA, Fla. — FOSSA, a Spanish operator of tiny picosatellites, has secured funds for around 20 slightly larger cubesats to start offering full commercial connectivity services for remote monitoring and tracking devices. The startup said June 19 it has fetched 6.3 million euros ($6.8 million) in a Series A funding round, which Portuguese early-stage investor Indico

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