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Big-talking Sateliot raises €10m from flagship VC firm on way to €30m Series B round

Barcelona-based satellite IoT provider Sateliot has raised €10 million from venture capital group Global Portfolio Investments as part of a continuing €30 million Series-B funding round, as covered here, which has also seen interest from IT and defense firm Indra Sistemas, telecoms tower company...

Sateliot preps four new NB-IoT satellites, primes €1bn sales pipe

Barcelona-based satellite IoT provider Sateliot, building an NB-IoT satellite system based on Release 17 specs in the 5G NR cellular standard, is to launch four new IoT satellites this summer with SpaceX to connect nearly seven million IoT devices, it has said. Along with...

Red Hat talks-up edge AI advances for private 5G and Industry 4.0

MWC, Barcelona; last week. Red Hat and Intel have developed a (relatively) easy and cheap edge/cloud computing solution for enterprises to deploy and multiply AI-based applications on private 5G networks. The duo have a reference solution, they said, which easily flexes distributed edge/cloud compute...