France's Univity raises EUR 27 mln to build VLEO 5G satellite platform

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(Telecompaper) Univity, the VLEO (Very Low Earth Orbit) satellite start-up formerly known as Constellation Technologies & Operations, has raised EUR 27 million in a Series A funding round with existing investors. The operation saw the participation of French start-up incubator Blast, European aerospace investment fund Expansion, and France's state-owned bank Bpifrance, via the Deeptech 2030 fund...