UK-based cellular IoT MVNO Eseye and satellite connectivity provider Sateliot have partnered to expand IoT network coverage.
Sateliot is developing a low-earth orbit (LEO) NB-IoT satellite constellation to ensure global coverage in areas with limited terrestrial networks.
Eseye provides cellular IoT services in collaboration with over 700 operators in nearly 190 countries.
Sateliot aims to raise €30 million in a series B funding round and generate €1 billion revenue by 2030, with the support of AWS and partnerships with Telefónica, Sentrisense, and t42.