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RE: LeoThread 2024-10-14 02:12

The launch of the first satellite will mark a significant milestone in the development of Constellation's space-based internet connectivity solution. The company's plans for launching a constellation of 1,500 satellites to provide global coverage are ambitious, but the potential rewards are significant.

Partnerships and Investment

Constellation has secured a €9.3 million ($10.2 million) seed round to accelerate its plans, which will be used to fund the development and launch of its satellites. The company has also partnered with Expansion Fund, Bpifrance, and an unnamed investor to support its growth plans.