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Fleet Space Technologies raised $7,350,000 on 2019-09-04 to expand its constellation of satellites providing Internet of Things services.
Fleet currently has four cubesat-class satellites in orbit that were launched in late 2018 to provide IoT services.
Fleet Space Technologies was founded in 2015 and the $7,350,000 round was the company’s second fundraising since founding.
JetBlue selected Viasat’s in-flight connectivity system for a new fleet of 70 Airbus A220‑300 aircraft with an option for 50 additional aircraft.
SpaceX implemented slight variations across the 60 Starlink satellites so the company can test different technologies and maximize operational capability across the fleet.
AsiaSat’s positioning to go private follows British fleet operator Inmarsat, which approved a privatization plan on 2019-05-10 that is expected to close in the fourth quarter of 2019.
Avanti signed a $10,000,000 contract with fleet operator Viasat of Carlsbad, California in June 2018 for capacity on its Hylas-4 satellite.
Executives who previously worked for fleet operator ABS of Bermuda formed Saturn Satellite Networks to build small geostationary satellites.
The Inmarsat-7 series will expand Inmarsat’s fleet of Ka-band high-throughput satellites to 10.
LEO Knight’s first use could be with a fleet of satellites built on Tethers Unlimited’s HyperBus cubesat platforms to enable refueling-enabled missions.
The SpainSAT NG fleet will provide coverage ranging from the United States and South America to the Middle East, Africa, Europe, and Asia.
Fleet, an Australian cubesat operator, contracted Leaf Space to supply a dedicated ground station for a constellation it hopes will one day number 100 satellites.
AsiaSat replaced AsiaSat-4 in its own fleet with AsiaSat-9, which launched in 2017 on an International Launch Services Proton.
AsiaSat’s core fleet of five satellites saw a 3 percent increase in capacity use in 2018, reaching an overall fill rate of 72 percent.
Eutelsat divested Spanish fleet operator Hispasat for 302,000,000 EUR.
EL AL operates a full Boeing fleet and began renewing its fleet in September 2017 with the arrival of the first of sixteen Boeing 787 aircraft.
Two of Fleet’s first four satellites launched on a Rocket Lab Electron, one launched on a SpaceX Falcon 9, and one launched on an Indian PSLV.
Fleet is a member of the LoRa Alliance, which has more than 500 members and uses a shared open protocol to connect about 50 million devices.
Fleet has raised $3,800,000 in seed funding since forming in 2015.
Fleet hopes to have additional satellites in orbit by early 2020 pending fundraising to fund construction and launches.