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Sateliot enters the U.S.A with the accelerator of giants Qualcomm and Verizon

By Eric Van Rees - 12th October 2021 - 07:48

Sateliot, the satellite operator that will launch a constellation of nanosatellites to universalize the Internet of Things with 5G coverage, will enter the U.S. market before the end of this year thanks to EvoNexus – the accelerator sponsored by the microchip manufacturer Qualcomm and the operator Verizon.

After evaluating more than 414 companies from around the world, EvoNexus has recognized the technological and innovative potential in the fields of space and telecommunications of Sateliot and six other companies, which have been selected to develop 5G use cases together with strategic partners in their areas of expertise.

Thus, the support of this accelerator will allow Sateliot to grow in the United States from its headquarters in San Diego, in addition to working directly with experts in telecommunications and IoT devices from Qualcomm and Verizon, the world’s leading operator by turnover.

This mentoring, training and networking program will also boost the new round of financing that Sateliot is already preparing with an eye on American funds interested in its constellation of nanosatellites that will universalize the IoT with 5G coverage.

Read More: Internet of Things Consumer

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