Sateliot

Sateliot, based in Barcelona, operates in space technology by manufacturing low-earth orbit (LEO) nanosatellites for business-to-business markets. With financial backing from Banco Santander, the company aims to address gaps in global connectivity. Unlike traditional satellite systems that are costly and slow, Sateliot's cost-effective LEO nanosatellites offer improved connectivity, particularly in remote areas underserved by terrestrial networks. This advantage taps into underserved regions and reduces reliance on expensive terrestrial networks. If Sateliot can scale and maintain low costs, it could establish a strong presence in the Deep Tech and Space Tech sectors, providing valuable global communication solutions to businesses.