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The Spanish government increases its influence on the Catalan company Sateliot after investing 14 million euros.

Image of southern Europe in an Earth satellite image taken on November 3, 2001
Image of southern Europe in an Earth satellite image from November 3, 2001. Jacques Descloitres, MODIS Land Rapid Response Team, NASA/GSFC
1 min

The Spanish government has increased its stake in the Catalan company Sateloit, a company that offers satellite telecommunications services for the Internet of Things with 5G coverage, with a new investment of €13.8 million approved this Tuesday by the Council of Ministers.

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