Univity Secures €68M, Aiming to Beat Starlink in Europe

Univity, a French satellite internet startup with state support, secures a €27 million funding round, bringing their total haul to €68 million. They plan to launch thousands of satellites, targeting telecom operators instead of end users, and aim to become Europes largest operator. The company, founded in 2022, will build satellites near Toulouse to reduce costs and plans to launch the first two satellites soon. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ce87e78757a6f96

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