REDMOND, Wash., February 24, 2022 (Xplore PR) — Xplore Inc. announced it has received $16.2 million in funding to date. The company has aligned itself with exceptional strategic and veteran space sector investors, including: Alumni Ventures, Brightstone Venture Capital, KittyHawk Ventures, Private Shares Fund, Starbridge Venture Capital, Helios Capital, Lombard Street and Gaingels. Notable investors also include Tremendous View, Kingfisher Capital and Dylan Taylor – commercial astronaut and CEO of Voyager Space.
Fleet Space Technologies attracts $26.4m (USD) investment valuing company at $126m (USD)
Series B Round oversubscribed
Investment confirms confidence in Fleet Space advanced satellite technology
Tech drives radical Internet of Things (IoT) efficiencies
Investment is firm commitment to Australia’s rapidly emerging space industry
Investment creates 70 new jobs, including many desirable STEM positions
ADELAIDE, Australia (Fleet Space Technologies PR) — Fleet Space Technologies announces that it has secured $26.4m (USD) in investment, valuing the company at $126 million (USD). This represents a major step forward for Fleet Space Technologies, which is committed to creating the world’s most advanced low-power satellite network, securing planet-wide coverage for millions of compatible Internet of Things (IoT) devices by using its in-house Nanosatellite technology. This funding will underpin significant expansion in Fleet Space’s manufacturing footprint and will expand the company’s highly skilled workforce.