FOSSA Systems (Series A)
Funding Details
Awarder
RSS - spacenews.com
Date Award
June 19, 2024
Vertical
Satellite IoT
Funding Amount
$6,300,000
Company Info
Founding Year
2020
Traction
FOSSA has already booked revenues from companies including Microsoft and has received more than a million euros in revenues through proof of concept work with several companies.
Revenue Amount
$1,000,000
Organizations Involved
Microsoft
Founders
Julián Fernández
Market
Commercial Connectivity Services
Location
TAMPA, Spain
Coinvestors
Indico Capital Partners, Nabtesco
Company Description

Global Cost-Effective Satellite IoT for Industrial Applications. First to deploy disruptive interoperable constellation.