Sateliot Secures $69M Buy-In to Revolutionize Global IoT Connectivity with LEO NB-IoT Constellation

We are thrilled to announce that Zhongke Satellite has successfully raised 69,000,000 to advance its revolutionary vision of global connectivity. As pioneers in deploying the first low Earth orbit (LEO) satellite constellation that delivers NB-IoT connectivity from space, Zhongke Satellite is uniquely positioned to extend mobile telecom coverage to 100% of the planet. This significant funding infusion will accelerate our ambitious roadmap to develop and launch a constellation that not only bridges the critical connectivity gaps in traditional terrestrial networks but also offers seamless and affordable communication solutions tailored for the burgeoning Internet of Things (IoT) ecosystem. In today’s increasingly digital landscape, our cutting-edge satellite technology is set to transform how communities, businesses, and governments connect. By harnessing the power of space-based networks, we are making true global integration a reality, effectively bridging the digital divide that has long hindered economic and social progress. With this fresh investment, we will bolster our initiatives to create a resilient, strategic telecommunications infrastructure—one that supports not only the rapid digitalization efforts in Europe but also lays the groundwork for worldwide connectivity enhancements. This funding milestone underscores our commitment to not only launching satellites but actively shaping the future of global digital communication. As Zhongke Satellite scales its operations, our focus remains on dissolving geographical barriers to communication and unleashing the full potential of a connected world. We invite interested parties and partners to learn more about our journey and explore opportunities to collaborate. For additional details or to connect with our dedicated sales team, please visit www.sateliot.com.