Sateliot launches EUR 100 mln Series C to fund satellite expansion

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(Telecompaper) Spain-based satellite communications operator Sateliot has launched a EUR 100 million Series C funding round to accelerate the deployment of its low-Earth-orbit satellite constellation and enable the launch of commercial NB-IoT services later this year. The round, largely structured as equity with a potential debt component, has opened and is expected to close in the summer...