Fleet Space Tech is looking to do a fund raise next week. Be interesting to see how they go. Looks like there is plenty of IoT business to be had based on their stated orders.
https://spacenews.com/australian-startup-fleet-prepares-series-a-to-fund-next-10-satellites/
Fleet Space Technologies will begin raising money next week from investors in a Series A financing round after service launch immediately filled its four cubesats with customers.The Internet of Things (IoT) startup based in Adelaide, Australia, logged 1 million devices in 24 hours, with customer applications ranging from monitoring beehives to oil pipelines, all from space. Another 2 million devices are waiting in backlog, the company said in a news release.In an interview, Flavia Tata Nardini, Fleet co-founder and CEO, said the company would launch 10 more satellites “tomorrow” if it could. But first it must raise the money to fund construction and launch of the satellites, which it hopes to have in orbit by early 2020.“Three million connections booked in a few days; it tells that people are really ready to connect,” she said. “And if we don’t connect them, someone else will. So we better serve our customers really fast.”
