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Aramco’s Wa’ed Ventures and Phaistos Investment Fund Invest 13 Million Euro in Global Spacetech Company OQ Technology

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OQ Technology, a global 5G IoT satellite operator, has closed a 13 million Euro Series A funding round led by Wa'ed Ventures, the venture capital arm at Aramco (the Saudi oil and gas company), and Phaistos Investment Fund, managed...
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ST Engineering’s Corporate Venture Capital Unit Invests in hiSky, a Satellite Voice, Data and IoT Solutions Provider

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ST Engineering today announced that its Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd led a US$30m Series A round in Israel-based hiSky Ltd., a leading developer and provider of affordable and agile satellite Internet of Things (IoT)...
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Phantom Space to Build and Launch 72 Satellite Constellation for Ingenu

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Phantom Space Corporation, a space transportation technology development and manufacturing company, today announced that they signed an agreement with Ingenu, provider of one of the leading Industrial Internet of Things (IIoT) technology platforms. The agreement includes the production, manufacturing and...
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