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Skylo Technologies
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Satellite-based connectivity for remote communication
Skylo Technologies
Work Here?
Satellite-based connectivity for remote communication
About Skylo Technologies
Industries
Energy
Social Impact
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$183M
Headquarters
Mountain View, California
Founded
2017
Overview
Skylo Technologies provides satellite-based connectivity solutions that enhance communication for existing devices in remote locations. By partnering with established satellite providers, Skylo extends coverage without the need to build its own satellites, allowing for a more cost-effective service. This is particularly beneficial for industries like energy, logistics, and healthcare, where operations often occur in isolated areas. Skylo's services include two-way GPS and messaging, which are crucial for monitoring the electrical grid, ensuring the safety of remote workers, and facilitating critical deliveries such as vaccines. The company charges customers based on coverage needs, number of connected devices, and data usage, aiming to make reliable communication accessible and affordable for businesses and individuals in remote settings.
Simplify's Take
What believers are saying
- Skylo's $30M funding boosts global expansion of direct-to-device satellite services.
- Partnerships with Charter and Comcast tap into a vast mobile user base.
- Skylo's SOS and AI chat over satellite showcase innovative communication solutions.
What critics are saying
- Increased competition from SpaceX and Amazon threatens Skylo's market share.
- Reliance on satellite partners poses risks if agreements change or end.
- Regulatory changes in satellite communications could impact Skylo's operations.
What makes Skylo Technologies unique
- Skylo leverages existing satellites, reducing costs and speeding up service deployment.
- Skylo's service seamlessly roams between terrestrial and satellite networks for constant connectivity.
- Skylo partners with major telecoms like Charter and Comcast for expanded reach.
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Funding
Total Funding
$183M
Above
Industry Average
Funded Over
3 Rounds
SoftBankBenefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Stock Options
Wellness Program
Professional Development Budget
Paid Vacation
Paid Holidays
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↓ -3%The announcement reveals that Charter Communications and Comcast, which operate Xfinity and Spectrum Mobile respectively, are partnering with Skylo to deliver satellite messaging.
Charter and Comcast are adding satellite connectivity for mobile devices through a partnership with Skylo.
Skylo has closed a $30m oversubscribed funding round, led by NGP Capital, with participation from Westly Group and existing investors including Intel Capital, BMW i Ventures, Samsung Catalyst Fund, and Next47.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Skylo, the company powering commercially available, seamless ‘direct-to-device’ satellite connectivity, today announced a $30 million oversubscribed funding round led by NGP Capital.
Skylo secures $30M funding to expand direct-to-device satellite connectivity.
Skylo Technologies is Hiring for 17 Jobs on Simplify!
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People & HR
1 Open Roles
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About Skylo Technologies
Industries
Energy
Social Impact
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$183M
Headquarters
Mountain View, California
Founded
2017
Skylo Technologies is Hiring for 17 Jobs on Simplify!
Find jobs on Simplify and start your career today
People & HR
1 Open Roles
People Also Viewed
Discover companies similar to Skylo Technologies