About Satmex
Satmex is a Telecommunications company based in Mexico City (Mexico) founded in 1997, and was acquired by Eutelsat in July 2013. Satellite reception and transponder capacity are provided for communication services. Satmex has raised $96.25 million across 1 funding round from investors including Eutelsat and Loral Space & Communications. Its focus areas include Telecom, Telecom Operators, Broadband and Wireless. Its legal entity is SATELITES MEXICANOS SA DE CV.
Company details
Satmex was founded in 1997 in Mexico City, Mexico, within the satellite communications sector. Transponder capacity and reception services are supplied to public telephone and private network operators. These enable distribution of network data, internet access, cable television content, and direct-to-home broadcasting. Operations cover Mexico, the United States, South America, and the Caribbean.
- Headquarters Mexico City, Mexico
- Stage Acquired
- SectorsTelecommunications
- Website satmex.com
- Social LinkedIn X Facebook YouTube
- Acquired by Loral Space & Communications (Oct 1997)
- Legal Name Satelites Mexicanos Sa De Cv
Apps and channels of Satmex
its YouTube channel Eutelsat has 4.21K subscribers and 30 videos.
Videos from Satmex
The most watched videos on Satmex's YouTube channel, Eutelsat (4.21K subscribers). Click a video to play it here.
More on Eutelsat.
Funding Insights of Satmex
Satmex has successfully raised a total of $96.25M through 1 strategic funding round. The most recent funding activity was a Series C round of $96.25 million completed in May 2011. 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 $96.25M
- Total Rounds 1
- Last Round Series C — $96.25M
- First Round $96.25M
(May 2011)
All 1 funding rounds of Satmex 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 |
|---|---|---|---|---|---|
| May 2011 | $96.25M | Series C | – | – | – |
2 investors in total: 2 institutional.
Investors in Satmex
Satmex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Eutelsat and Loral Space & Communications.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of commercial satellite coverage, broadband network, and data connectivity services | 1977 | eutelsat.com | ||
Satellite communications services are offered to telecom and government sectors. | 1996 | loral.com | New York, United States |
Investor details for Satmex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Satmex
4 dated milestones of Satmex across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Satmex is founded.
- Exit Acquired by Loral Space & Communications.
- Funding First funding round of $96.2M.
- Exit Acquired by Eutelsat.
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Frequently Asked Questions about Satmex
Satmex was founded in 1997 and raised its 1st funding round 14 years after it was founded.
Satmex is headquartered in Mexico City, Mexico.
Satmex is a funded company, having raised a total of $96.25M across 1 funding round to date. The company's 1st funding round was a Series C of $96.25M, raised on May 2011.
Satmex was founded in 1997 in Mexico City, Mexico, within the satellite communications sector. Transponder capacity and reception services are supplied to public telephone and private network operators. These enable distribution of network data, internet access, cable television content, and direct-to-home broadcasting. Operations cover Mexico, the United States, South America, and the Caribbean.
Satmex has 2 investors. Key investors include Eutelsat, and Loral Space & Communications.
Satmex operates through Satelites Mexicanos Sa De Cv.
Yes. Satmex was acquired by Loral Space & Communications in October 1997.