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French satellite startup Univity raises €27M Series A

The Next Web
Ana-Maria Stanciuc

Founded in 2022 and formerly called Constellation Technologies & Operations, 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 takes total financing to €68M across equity, debt, subsidies and contract revenues. Univity, the Paris-based […] This story continues at The Next Web