Skylo Technologies

Skylo Technologies

Satellite-based connectivity for remote communication

About Skylo Technologies

Simplify's Rating
Why Skylo Technologies is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Energy

Social Impact

Healthcare

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$148.8M

Headquarters

Mountain View, California

Founded

2017

Overview

Skylo Technologies provides satellite-based connectivity solutions that enable constant communication for devices in remote locations. By partnering with existing satellite providers, Skylo extends coverage without the need to build its own satellites, allowing for a more affordable 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's goal is to enhance communication in hard-to-reach areas, making it easier for individuals and businesses to stay connected.

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Simplify's Take

What believers are saying

  • Growing demand for satellite IoT solutions in remote industries boosts Skylo's market potential.
  • Skylo's integration with Cubic Telecom highlights opportunities in the automotive sector.
  • Partnership with Google opens new consumer markets for satellite connectivity.

What critics are saying

  • Unclear ROI for D2D satellite messaging may deter investors and partners.
  • Technical challenges in vehicle connectivity integration could delay deployment.
  • Competition from local IoT providers in Brazil may impact market share.

What makes Skylo Technologies unique

  • Skylo leverages existing satellite infrastructure, reducing costs and speeding up deployment.
  • Skylo's NTN vRAN enables seamless roaming between terrestrial and satellite networks.
  • Skylo partners with major tech companies like Google and Qualcomm for innovative solutions.

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Funding

Total Funding

$148.8M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

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

Headcount

6 month growth

5%

1 year growth

2%

2 year growth

0%
Light Reading
Jan 20th, 2025
What's the Story? Unclear ROI for D2D satellite messaging

During this year's CES event, HMD and its satellite partners Viasat and Skylo launched the HMD OffGrid hotspot device, which uses L-band satellite radio spectrum to connect Android and iOS users directly to satellites.

Light Reading
Jan 7th, 2025
HMD brings satellite messaging to the modern explorer

HMD has partnered with satellite providers Viasat and Skylo to access their satellite networks, according to CNet.

SpaceDaily
Dec 4th, 2024
Cubic Telecom and Skylo expand satellite connectivity for vehicles

This collaboration will integrate Skylo's satellite network into Cubic's connectivity platform, expanding its capabilities to include satellite-based global coverage.

The Fast Mode
Nov 27th, 2024
Deutsche Telekom, Qualcomm, Skylo Complete Groundbreaking SMS Trial Over Satellite

To enable the seamless roaming of the user equipment between the 5G terrestrial access networks and satellite access networks, Skylo's commercially available non-terrestrial network was integrated into Cosmote's production network.

Broadband TV News
Nov 26th, 2024
Deutsche Telekom, Skylo, Qualcomm team up for satellite-based smartphone connectivity

To enable the seamless roaming of the user equipment between the 5G terrestrial access networks and satellite access networks, Skylo's commercially available non-terrestrial network was integrated into Cosmote's production network.

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