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Swarm Technologies

Low-cost global IoT satellite connectivity

Overview

Swarm.space provides global IoT connectivity via a constellation of ultra-small satellites to offer low-cost, reliable data links for devices like sensors and trackers. The 11x11x2.8 cm satellites orbit in low Earth orbit (450–550 km) to form a constellation that covers the whole planet, and Swarm designs and builds its hardware, software, and protocols in-house. The service costs a flat $5 per month per device for low-bandwidth data, enabling predictable budgeting for customers in agriculture, logistics, and environmental monitoring. By vertically integrating the entire stack and focusing on small, cost-efficient satellites, Swarm aims to deliver constant global connectivity for IoT devices, including in remote or underserved areas.

Significant Headcount Growth

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About Swarm Technologies

Simplify's Rating
Why Swarm Technologies is rated
D
Rated D+ on Competitive Edge
Rated D- on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsHardwareIndustrial & ManufacturingAerospace

Company Size

11-50

Company Stage

Series A

Total Funding

$53.9M

Headquarters

Mountain View, CA

Founded

2017

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What believers are saying

  • SpaceX acquisition keeps Swarm’s engineers close to Starlink’s direct-to-cell rollout.
  • Existing satellite heritage gives SpaceX instant IoT expertise and operational lessons.
  • Any future IoT hardware compatibility with Direct-to-Cell can revive customer demand.

What critics are saying

  • Swarm stopped new device sales in July 2023 and ended service in March 2025.
  • The swarm.space domain now redirects to SpaceX Direct-to-Cell, signaling product cannibalization.
  • If Starlink absorbs IoT messaging, Swarm’s standalone team becomes redundant inside SpaceX.

What makes Swarm Technologies unique

  • SpaceX bought Swarm in 2021, giving it launch access and Starlink integration.
  • Swarm’s M138 modem and SpaceBEE constellation specialized in ultra-low-power, global IoT messaging.
  • Its tiny satellites and $5-per-device pricing once undercut traditional satellite IoT providers.

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Funding

Total Funding

$53.9M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$25M
$30M

Growth & Insights and Company News

6 month growth

20%

1 year growth

20%

2 year growth

0%
Salus VC
Jul 19th, 2024
Companies we have backed | Salus Ventures

With decades of combined experience, we have been fortunate throughout our careers to have backed some of the most ambitious and successful founders in Australia and beyond.

Satellite Today
Jul 27th, 2023
SpaceX subsidiary Swarm ends IoT device sales

The FAQ said Swarm recently launched more satellites for the network on SpaceX’s June 2023 rideshare mission, and is also manifested to launch more satellites for the network in 2024, indicating Swarm will continue supporting its customers.

GeekWire
Jun 12th, 2023
Spacex Launch Gives A Big Sendoff To Starfish Space’S Satellite Docking Craft

A SpaceX Falcon 9 rocket lifts off from California, sending 72 payloads into space. (SpaceX via YouTube)A well-traveled SpaceX Falcon 9 rocket today launched dozens of satellites, including an experimental docking craft created by a Seattle-area startup called Starfish Space.Starfish Space’s Otter Pup spacecraft was one of 72 payloads that were deployed into low Earth orbit after the launch of SpaceX’s Transporter-8 satellite rideshare mission from California’s Vandenberg Space Force Base. Liftoff came at 2:35 p.m. PT, just hours after SpaceX launched 52 Starlink internet satellites from Cape Canaveral Space Force Station in Florida. Minutes after the California launch, the Falcon 9’s first-stage booster flew itself back to a landing pad not far from the launch site, marking the ninth successful launch and recovery for that booster. It was the 200th successful recovery of a Falcon 9 booster.Meanwhile, the rocket’s second stage reached orbit and executed a meticulously choreographed series of deployments that ended nearly an hour and a half after launch

Sinbad Trading LLC
Feb 22nd, 2023
Azure is enabling off-world space development according to Tom Keane | Sinbadaz

Microsoft and NASA are working together to develop tools to enable AI for space exploration.

Multiverse Media
Dec 23rd, 2022
Who Launched What on SpaceX's Five Transporter Missions

Swarm Technologies launched 64 SpaceBEE communications satellites on the Transporter-1 and -2 missions.

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