About Satelles
Satelles is a company based in Reston (United States) founded in 2008 was acquired by Iridium Communications in March 2024. Satelles has raised $29.63 million across 5 funding rounds from investors including Iridium Communications, European Union and C5 Capital. Satelles offers products and services including Iridium STL. Satelles operates in a competitive market with competitors including NextNav, Humatics, Xona Space Systems, Topcon Positioning and Advanced Navigation, among others.
- Headquarter Reston, United States
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Sectors
Aerospace, Defense & MaritimeTechnology Industrial Goods & Manufacturing
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Satelles Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$29.63 M (USD)
in 5 rounds
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Latest Funding Round
$80.89 K (USD), Grant
Sep 30, 2021
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Investors
Iridium Communications
& 4 more
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Employee Count
Not available
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Acquired by
Iridium Communications
(Mar 04, 2024)
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Products & Services of Satelles
Satelles offers a comprehensive portfolio of products and services, including Iridium STL.
Provides secure alternative to GPS for precise timing and location in various environments
People of Satelles
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Funding Insights of Satelles
Satelles has successfully raised a total of $29.63M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $80.89 thousand completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Satelles
Satelles has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Iridium Communications, European Union and C5 Capital.
| Investor | Description | Founded Year | Domain | Location |
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Tech-focused VC firm investing in Europe, the Middle East & Africa
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Cranberry Capital is focused on sustainable investment ventures.
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Investor details for Satelles
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Investments & Acquisitions by Satelles
Investment portfolio details for Satelles
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Financial Statements - Satelles
Detailed financials for Satelles
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Satelles Comparisons
Peer comparison for Satelles
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Competitors of Satelles
Satelles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NextNav, Humatics, Xona Space Systems, Topcon Positioning and Advanced Navigation, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Indoor positioning solutions for enterprises are provided.
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Control systems for collaborative robots in human environments are developed.
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Real-time positioning and navigation services via LEO satellites are delivered.
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| Locked | Locked | Locked |
Provides precision positioning systems for infrastructure and farming sectors.
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Developer of AI and cloud-based inertial sensor systems for navigation
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Detailed competitors of Satelles
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Latest news on Satelles
Complete news archive for Satelles
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Frequently Asked Questions about Satelles
Satelles was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Satelles is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Satelles is a funded company, having raised a total of $29.63M across 5 funding rounds to date.
Satelles was founded in 2008 and is headquartered in Reston, United States. Satellite-based time and location technologies are offered as alternatives to GPS and GNSS systems. Positioning, navigation, and timing functions are enabled through STL technology. Applications span IoT, critical infrastructure, and cybersecurity sectors. Services are extended to government, financial, communication, and energy industries.
Satelles's top competitors include NextNav, Xona Space Systems and Humatics.
Satelles offers Iridium STL.
Satelles has 5 investors. Key investors include Iridium Communications, European Union, C5 Capital, Simon School Venture Capital Fund, and Cranberry Capital.