Verified facts grounded in source documentation.
Swarm’s last announced funding round was a Series A in early 2019 that raised $25,000,000.
Swarm plans to deploy a total of 150 commercial satellites by the end of 2021 to reduce latency to less than one minute.
Swarm Technologies will launch 24 additional 1/4U SpaceBEE satellites on the mission to continue building out its planned constellation of 150 satellites.
Swarm Technologies is working with Exolaunch to send 24 SpaceBee satellites into orbit on a SpaceX Falcon 9 small-satellite rideshare mission scheduled to launch in December.
Swarm plans to launch about 12 to 24 satellites per month once its launch cadence increases.
Swarm raised $25,000,000 in a Series A investment round last year to build a 150-satellite constellation for low-cost communications to remote locations.
Swarm has seven SpaceBee satellites in orbit and plans to deploy at least 143 more to reach a constellation of about 150 satellites for very low-data-rate communications.
Swarm Technologies raised $25,000,000 to continue building and deploying a constellation of 150 very small satellites.