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Univity funds VLEO 5G demonstrators with $32 million Series A
The funding will support two prototype satellites and a 2028 scale-up as Univity targets direct-to-device 5G services for telecom operators.
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France's Univity raises €27m to allow European telecoms to compete with Starlink
The Paris-based start-up wants to build the space equivalent of shared mobile infrastructure, allowing operators to offer satellite connectivity without handing the keys to Starlink. Read more: France’s Univity raises €27m to allow European telecoms to compete with Starlink
Univity funds VLEO 5G demonstrators with $32 million Series A
French startup Univity has raised around $32 million to deploy a pair of 5G demonstrators into very low Earth orbit next year, ahead of plans for at least 1,600 VLEO satellites to help telecom operators extend 5G coverage from space. The post Univity funds VLEO 5G demonstrators with $32 million Series A appeared first on SpaceNews.
The French space start-up has completed an A-series fundraiser of 27 million euros. It is positioned on the very low ground orbit segment, making its satellites operate at 375 km. It has signed 16 preliminary agreements with operators, including Orange.
Challenger by Starlink and Amazon Leo, the French start-up is closing a fundraiser to complete its tests in space. Always with the aim of having deployed its constellation in very low orbit by 2031.
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