ChipsVentureburnabout 3 hours ago
NewOrbit Raises $18.5M to Expand VLEO Satellite Tech
4 min read
NewOrbit raised $18.5 million in an oversubscribed Series A round led by Voyager Ventures. The UK satellite manufacturer plans to launch NEO-1, the first commercial satellite in the 200-300 km VLEO layer, in 2028. VLEO offers stronger signals, lower latency, and higher-resolution imaging.
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