"Skylo Secures $37 Million Funding for Satellite Connectivity Expansion"
Skylo Technologies, a Silicon Valley startup, raised $37 million in funding from investors including Intel, BMW, and Samsung to bridge the gap between satellite and terrestrial communications. The company aims to provide a network to connect new devices via existing satellites without extra antennas or bulky equipment, targeting the direct-to-device satellite communications market. With partnerships with chipset makers and initial service in the U.S., Canada, and Europe, Skylo is working to bring ubiquitous connectivity and seamless adoption for customers.