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UTVate Rebrands to Farcast to Expand Its Customer Base

Summary by Payload
UTVate, a CA-based startup developing next-generation user terminals, has changed its name to Farcast in an effort to attract a wider range of customers as it ramps up to full production next year. Siamak Ebadi, Farcast’s CEO and founder, said that the mission of UTVate—a portmanteau of user terminal and innovate—wasn’t clear to that wider range of customers that he hopes will be drawn in by the new moniker to build the startup into a billion do…
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Payload broke the news in on Thursday, March 6, 2025.
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