News & Analysis

Australian space startup Fleet raises $11 million for its IoT plans

- September 5, 2019 2 MIN READ

One of these things is not a nanosatellite. South Australian startup Fleet Space Technologies  has raised US$7.35 million (AU$10.8m) to fund internet of things (IoT) connectivity to remote industries using nanosatellites. Global funds Momenta Ventures and Horizons Ventures – the private investment arm of Hong Kong billionaire Li Ka-shing- led the raise, with local funds Blackbird… Read more »