About Satelles
Satelles is an Aerospace, Defense & Maritime company based in Reston (United States) founded in 2008, and was acquired by Iridium Communications in March 2024. Satellite time and location solutions are provided for various industries. It operates in the Aerospace, Defense & Maritime, Technology, and Industrial Goods & Manufacturing sectors. 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. Its focus areas include High Tech, Geographic Information Systems, Positioning & Navigation and Positioning. Its legal entity is SATELLES INC. Its competitors include NextNav, Humatics and Xona Space Systems; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Reston, United States
- Stage Acquired
- SectorsAerospace, Defense & MaritimeTechnology Industrial Goods & Manufacturing
- Phone•••• ••••
- Website satelles.com
- Social LinkedIn X YouTube
- Acquired by Iridium Communications (Mar 2024)
- Legal Name Satelles Inc
- Total Equity Funding$29.63M (USD)
in 5 rounds
- Latest Funding Round$80.89K (USD), Grant
Sep 2021
- InvestorsIridium Communications
& 4 more
- Acquired byIridium Communications
(Mar 2024)
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
Apps and channels of Satelles
its YouTube channel Satelles, Inc. has 48 subscribers and 4 videos.
Videos from Satelles
The most watched videos on Satelles's YouTube channel, Satelles, Inc. (48 subscribers). Click a video to play it here.
More on Satelles, Inc..
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.
- Total Funding $29.63M
- Total Rounds 5
- Last Round Grant — $80,887
- First Round $345,000
(Mar 2009)
- Investors Count 5
All 5 funding rounds of Satelles with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $80,887 | Grant | – | – | |
| Oct 2019 | $26M | Series C | – | C5 Capital | |
| Dec 2016 | $3.29M | Series A | – | – | – |
| Apr 2015 | Series A | – | Simon School Venture Capital Fund, Cranberry Capital | – | |
| Mar 2009 | $345,000 | Seed | – | – | – |
5 investors in total: 5 institutional.
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 |
|---|---|---|---|---|
Tech-focused VC firm investing in Europe, the Middle East & Africa | c5capital.com | London, United Kingdom | ||
| ssvcf.com | ||||
Cranberry Capital is focused on sustainable investment ventures. | 2015 | crancap.com | Rochester, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Satellite and telecommunication services are provided globally. | 2001 | iridium.com | Mclean, United States |
Investor details for Satelles
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- Complete investor list
- Round participation
- Investor portfolios
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People of Satelles
18 people are tracked at Satelles (9 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Tiffany Nguyen | HR Director | Leadership |
Charlie Meyer | Technical Director | Leadership |
Kirk Vespestad | Sr. Director of Communications and Public Relations | Leadership |
Christina Riley | Vice President and General Manager - Commercial Business Unit | Leadership |
Bill Compton | Director, R&D Software Engineering | Leadership |
Lisa Turkeltaub | Vice President and Deputy General Manager | Leadership |
Shelley M. Grandy | Director Of Customer Success | Leadership |
Becky Zhang | Head of FP&A | Leadership |
Dan Higgins | Director of Software Engineering | Leadership |
Derrick Forson | Senior Accountant | Team |
Nguyen Ha | Sr. FPGA Engineer | Team |
Philippe Couvignou | Senior Embedded Software Engineer | Team |
Craig Dowell | Principal Embedded Software Engineer | Team |
Brandon Smith | Senior Test Engineer | Team |
Pete Johnson | Sr. Product Engineer | Team |
Dr. Mary Woolridge | Agile Coach/Scrum Master | Team |
Anthony Imparo | Sr. Systems Engineer | Team |
Skye Klyve | Program Manager | Team |
Complete people profiles for Satelles
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Timeline of Satelles
4 dated milestones of Satelles across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Satelles is founded.
- Funding First funding round of $345K.
- Funding Latest funding round, Grant, of $81K.
- Exit Acquired by Iridium Communications.
Competitors of Satelles
Satelles has 3 listed competitors in our database, 3 of them funded. They include NextNav, Humatics and Xona Space Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nextnav.com | 2008 | Sunnyvale, United States | $284.08M | 60 | Indoor positioning solutions for enterprises are provided. | |
| humatics.com | 2015 | Boston, United States | $83.25M | 54 | Control systems for collaborative robots in human environments are developed. | |
| xonaspace.com | 2019 | Palo Alto, United States | $121.7M | 30 | Real-time positioning and navigation services via LEO satellites are delivered. |
Detailed competitors of Satelles
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- Full competitor set
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Top companies in Space Research & Technology
3 companies that operate in the same segment as Satelles (Space Research & Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Astra is engaged in providing space launch services. | 2016 | Alameda, California, United States | USD 136.93 M | |||
Reusable launch vehicles for large payloads are developed and launched. | 2002 | Hawthorne, California, United States | USD 11.86 B | USD 18.67 B | 20,833 |
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Related news about 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. The company's 1st funding round was a Seed of $345K, raised on Mar 2009.
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.
Satelles operates through Satelles Inc.
Yes. Satelles was acquired by Iridium Communications in March 2024.