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Skylo Technologies
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Provides satellite-based connectivity solutions
Skylo Technologies
Work Here?
Provides satellite-based connectivity solutions
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 enable constant communication in remote locations. Their primary service extends coverage for existing devices, making it especially useful for industries like energy, logistics, and healthcare that operate in isolated areas. Instead of building their own satellites, Skylo partners with existing satellite providers to leverage their infrastructure, allowing them to offer services at a lower cost. This approach helps ensure safety for remote workers through two-way GPS and messaging services, which can be crucial in emergencies. Skylo's goal is to facilitate reliable communication for monitoring the electrical grid, ensuring safe operations, and supporting critical deliveries such as vaccines.
Simplify's Take
What believers are saying
- Skylo's $30M funding round supports global expansion and service enhancement.
- Integration with automotive giants like BMW boosts Skylo's presence in the automotive sector.
- AI-driven predictive maintenance improves service reliability in remote areas.
What critics are saying
- Increased competition from AST SpaceMobile and Lynk Global threatens market share.
- Dependence on partners like BMW and Verizon may pose risks if partnerships dissolve.
- Rapid tech advancements require continuous R&D investment, straining financial resources.
What makes Skylo Technologies unique
- Skylo leverages existing satellite infrastructure, reducing costs and time to market.
- The company offers seamless roaming between terrestrial and satellite networks for constant connectivity.
- Skylo's partnerships with major brands enhance its credibility and market 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
↓ -1%1 year growth
↑ 0%2 year growth
↑ 1%In partnership with Cubic[3] and Qualcomm, Skylo introduces a revolutionary eSIM solution that negates the need for multiple network supports.
To introduce seamless non-terrestrial network (NTN) communication to vehicles to support real-time messaging, vehicle status messages, hazard warnings, and other use cases transmitted bidirectionally over satellite, Skylo is collaborating with partners BMW Group and Deutsche Telekom.
Skylo partners with Syniverse to implement SMS over satellite for Verizon.
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 Technologies is Hiring for 12 Jobs on Simplify!
Find jobs on Simplify and start your career today
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 12 Jobs on Simplify!
Find jobs on Simplify and start your career today