Microsatellite startup on track to deliver low-cost IoT connectivity: Page 2 of 2

January 29, 2019 //By Rich Pell
Microsatellite startup on track to deliver low-cost IoT connectivity
Small satellite startup Swarm Technologies (Palo Alto, CA) has announced that it has raised $25 million in Series A funding to help it build the world's lowest-cost global satellite communications network.
a traditional satellite network build."

Ben Longmier, Swarm co-founder and CTO, adds, "On December 3, Swarm launched three new satellites into Low Earth Orbit on a SpaceX Falcon 9 rocket from Vandenberg Air Force Base in California. The three satellites have gone through an initial checkout phase, and have been commissioned into the experimental phase of the mission, testing new network protocols, and new state-of-the-art communications technology. In less than two years, we have designed, built, and launched seven operational satellites into Low Earth Orbit, and we're just getting started."

Swarm was founded in 2017, with $3 million in seed funding. The latest funding was led by Craft Ventures and Sky Dayton, with participation from Social Capital, 4DX Ventures, and NJF Capital.

Swarm Technologies

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