French Startup Constellation Technologies Secures €9.3M to Revolutionize Global Internet with 5G Satellites

October 15, 2024
French Startup Constellation Technologies Secures €9.3M to Revolutionize Global Internet with 5G Satellites
  • This funding will enable Constellation to conduct end-to-end connectivity tests in orbit by 2025, with the first two prototypes expected to launch in late 2026.

  • Customers will pay their telecom providers for service, with revenue shared between Constellation and the telecom companies.

  • The startup aims to achieve global coverage by deploying its satellites, targeting performance rates of 150 Mbps downlink and 50 Mbps uplink with low latency.

  • Delfieux believes that the convergence of space and terrestrial connectivity can provide cost-effective solutions for universal internet access, particularly in underserved regions.

  • The startup's mission is to empower telecom operators to offer affordable and sustainable internet access from space, especially in areas lacking terrestrial networks.

  • Constellation is strategically collaborating with telecom operators to enhance their competitive edge against major players like SpaceX and Amazon's Kuiper.

  • As the market for satellite connectivity becomes increasingly competitive, new entrants like SpaceX's Starlink and Amazon's Kuiper are leading the charge with large satellite constellations.

  • On October 14, Constellation Technologies & Operations announced a significant funding round of €9.3 million to enhance internet access through satellite technology.

  • Founded in 2022 by Charles Delfieux, the French startup has attracted approximately $10 million from France's state-backed Expansion Ventures fund to deploy a constellation of 1,500 small 5G broadband satellites in very low Earth orbit.

  • Constellation differentiates itself by operating in Very Low Earth Orbit, which minimizes latency and helps reduce space debris and light pollution.

  • CEO Charles Delfieux emphasized the importance of bridging the digital divide to enable telecom operators to serve remote areas effectively.

  • The funding will also support engineering studies for the initial satellites, which are crucial for the startup's operational plans.

Summary based on 4 sources


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