Sateliot secures a €70 million Series B funding and Myriota Redefines Global Connectivity in 2025
Sateliot secures a €70 million Series B funding and Myriota Redefines Global Connectivity in 2025
In an era where connectivity is the backbone of progress, two pioneering companies—Australia’s Myriota and Spain’s Sateliot—are racing to bridge the digital divide with satellite-powered Internet of Things (IoT) solutions. As of March 31, 2025, Myriota has launched its groundbreaking Myriota HyperPulse service in partnership with Viasat, while Sateliot has secured a €70 million Series B funding round to expand its low-Earth orbit (LEO) constellation. These developments mark a pivotal moment for 5G non-terrestrial network (NTN) technology, promising to transform industries from logistics to smart cities with affordable, scalable, and sustainable connectivity. But beyond the headlines lies a deeper story: a global contest to harness space for earthly innovation, with implications that could reshape enterprise operations, geopolitical strategies, and environmental stewardship.
A New Frontier in IoT Connectivity
The IoT ecosystem has long been constrained by terrestrial limitations—remote regions, vast oceans, and rugged terrains where traditional networks falter. Enter satellite IoT, a domain where Myriota and Sateliot are staking bold claims. Myriota’s HyperPulse, launched this month, leverages Viasat’s geostationary L-band network to deliver narrowband IoT (NB-IoT) connectivity optimized for battery-powered devices. It’s a first-of-its-kind service, built on a dynamic leasing model that scales with demand, offering application-optimized latency and secure data transmission for applications like remote asset tracking and environmental monitoring.
Meanwhile, Sateliot is doubling down on its vision of a 100-satellite LEO constellation, with six already in orbit as of last August. Backed by €70 million from investors like Hyperion Fund, the European Investment Bank (EIB), and the Spanish government, Sateliot aims to democratize IoT access with a 5G-compliant network that seamlessly integrates with terrestrial systems. “Sateliot’s mission is to deliver a cost-effective solution that bridges the coverage gap for industries worldwide,” says CEO Jaume Sanpera, a telecom veteran with a track record of disruptive ventures.
Both companies align with the 3GPP Release 17 standard, ensuring compatibility with existing 5G infrastructure—a critical step toward mainstream adoption. Yet their approaches diverge: Myriota emphasizes energy efficiency and hybrid satellite networks, while Sateliot bets on LEO’s lower latency and global reach. Together, they’re igniting a revolution that could connect the unconnected, from rural farms to urban logistics hubs.
Powering Industry Verticals with Precision
The implications for key verticals—manufacturing, logistics, smart cities, and sustainability—are profound. In manufacturing, Myriota’s HyperPulse enables real-time monitoring of equipment in remote facilities, reducing downtime and optimizing supply chains. “Our collaboration will see the first 5G NTN commercial service based on our dynamic leasing model,” says Andy Kessler, vice president of Viasat’s enterprise division, highlighting its potential to deliver “cost-effective, standards-based solutions” for IoT-driven industries. Imagine a factory in the Australian Outback, its sensors humming with data relayed via satellite, informing predictive maintenance algorithms thousands of miles away.
Logistics stands to gain even more. Sateliot’s LEO network, with its “Store and Forward” technology, ensures continuous tracking of goods across oceans and deserts—areas where cellular networks vanish. With €270 million in contracts already secured across 50 countries, Sateliot is positioning itself as a linchpin for global trade, supporting everything from mining operations to defense logistics. For smart cities, the integration of satellite IoT with digital twins—virtual replicas of urban systems—could enhance traffic management, energy distribution, and disaster response, particularly in underserved regions.
Sustainability, a core value for tech-savvy professionals, is another winner. Myriota’s low-power design, paired with Sateliot’s affordable connectivity, empowers environmental monitoring at scale—think soil sensors in arid farmlands or wildlife trackers in shrinking habitats. Ben Cade, Myriota’s CEO, captures this ethos: “Building on more than a decade of experience… HyperPulse reinforces how leaders in respective fields can collaborate to deliver disruptive, new approaches to solve crucial problems.” The result? Data-driven conservation that aligns profitability with planetary health.
Geopolitical Stakes and European Ambitions
The timing of these advancements is no coincidence. As Sateliot notes, “The closing of this funding round takes place amid an extraordinary geostrategic situation,” with NATO states ramping up defense budgets and the EU pledging €800 billion for institutional investments. Satellite IoT isn’t just a commercial play—it’s a strategic asset. Hyperion Fund’s €10 million stake in Sateliot underscores this, targeting defense applications like secure geolocation and cybersecurity. With advisors like former NATO Secretary General Anders Rasmussen, Hyperion signals a broader push for European technological sovereignty.
Myriota, too, benefits from this climate. Its partnership with Viasat, a U.S.-based giant, strengthens transatlantic ties while expanding its footprint in markets like Saudi Arabia, where it recently launched services. The convergence of public and private capital—€13.8 million from Spain’s SETT for Sateliot, $50 million for Myriota’s workforce expansion in December 2024—reflects a global race to dominate space-based infrastructure. The EU has allocated up to €4 billion for satellite IoT and €10 billion for secure communications as part of broader institutional programs—not direct funding to Sateliot—further amplifying the stakes, positioning Europe as a counterweight to U.S. and Chinese influence.
Yet this isn’t without tension. Sateliot’s reliance on SpaceX for launches ties it to American hardware, while Myriota’s Viasat deal embeds it in a U.S.-centric ecosystem. Could this dilute European autonomy? It’s a question policymakers and industry leaders must wrestle with as satellite IoT becomes a geopolitical chessboard.
The Road Ahead: Challenges and Uncharted Potential
For all their promise, Myriota and Sateliot face hurdles. Scalability is one—Myriota’s early adopter program kicks off in April, testing HyperPulse with a select cohort, while Sateliot aims for €1 billion in revenue by 2030. Both must prove their networks can handle massive IoT deployments without compromising reliability or cost. Competition is another factor, with players like Luxembourg’s OQ Technology and SpaceX’s Swarm vying for market share. Sateliot’s funding delays, as reported last year, hint at the financial tightrope these innovators walk.
Speculatively, the integration of satellite IoT with 6G—still in R&D—could be a game-changer. Imagine a future where digital twins of entire cities, powered by 6G and satellite data, predict infrastructure failures in real time. Or consider AI-driven logistics networks, orchestrating fleets across continents via space-based 5G. These are unproven theories, but they tantalize with possibility, urging enterprises to invest now for tomorrow’s dividends.
A Call to Innovate
Myriota and Sateliot aren’t just building networks—they’re crafting a narrative of connection, resilience, and ambition. For tech enthusiasts and industry leaders, their work is a clarion call: embrace the tools of tomorrow to solve the problems of today. Whether it’s a manufacturer streamlining operations, a logistics firm conquering remote routes, or a city planner weaving smarter urban fabrics, the satellite IoT revolution offers a canvas for ingenuity.
As Kessler puts it, this is about “operating more safely, efficiently, and sustainably”—values that resonate across generations and borders. With Myriota’s HyperPulse live and Sateliot’s constellation ascending, 2025 marks the dawn of a connected world where no corner is too remote, no challenge too vast. The question isn’t whether this technology will succeed, but how boldly we’ll wield it to shape a future worth inheriting.
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