"Univity is targeting a constellation of at least 1,600 satellites in very low Earth orbit, using telecom operators' own 5G mmWave spectrum rather than competing with them."
"The Series A will fund the uniShape demonstration programme: building, launching, and operating two very low Earth orbit (VLEO) satellites by February 2028 to validate the company's end-to-end 5G connectivity system before commercial deployment."
"By operating as a neutral wholesale infrastructure provider, Univity avoids competing with its potential customers and positions itself as the space-based layer of an operator's existing network rather than a rival service."
Univity, founded in 2022, has raised €27 million in a Series A funding round, bringing total financing to €68 million. The company plans to launch two very low Earth orbit satellites by February 2028 to validate its 5G connectivity system. Unlike competitors, Univity will not sell internet access directly to consumers but will provide infrastructure for telecom operators, allowing them to extend their existing 5G services from space using their own millimetre-wave spectrum. This strategy positions Univity as a neutral wholesale provider in the satellite connectivity market.
Read at TNW | Startups-Technology
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