Internet of things satellite connectivity developer Fleet Space Technologies has announced its first international expansion, opening a US headquarters office in Houston, Texas.
The expansion follows the company’s oversubscribed Series B funding round which raised $26.4 million in November 2021.
US investors InQtel, Alumni Ventures and Momenta Ventures backed the capital raising.
CEO Flavia Tata Nardini said: “The technology we have developed has the potential to provide worldwide connectivity to multiple industries.
“This is reflected in our global ambition and commitment to the United States as the first phase of our international expansion. We have built strong links in the US through our work with NASAs Artemis Mission.”
This expansion to the US puts the company in proximity to large-scale market opportunities across industries including natural resources, energy, and sovereign strategic functions.
“We are committed to creating the world’s most advanced low-power satellite network to secure planet-wide connectivity coverage for millions of devices through the implementation of our proprietary Smallsat technology.”
Fleet is already working with US space industry regulators and has applied to the Federal Communications Commission (FCC) for market access for its beamforming smallsats in the US and Fleet’s smart edge device, called a portal, has completed FCC certification for use in the US.
Flavia Tata Nardini, CEO and Co-Founder, Fleet Space Technologies
Picture: Fleet Space US Team Howard Reed, Constantine Koutas and Sarah Daniel
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