Science
Univity Secures $32 Million for 5G Satellite Project in Very Low Earth Orbit
French startup Univity has successfully raised $32 million to launch 5G demonstrators into very low Earth orbit, with plans for a larger constellation of satellites to improve global 5G connectivity.
Editorial Staff
1 min read
Updated 14 days ago
Univity, a French startup, has announced the completion of a $32 million Series A funding round aimed at deploying 5G demonstrators in very low Earth orbit (VLEO).
The company plans to launch these demonstrators next year, which are intended to pave the way for a larger initiative involving at least 1,600 satellites.
This ambitious project seeks to enhance global 5G coverage, potentially benefiting telecom operators by extending their reach from space.