European officials met in Brussels to discuss communications from space. The EU’s current space budget ends in 2027. Officials discussed new money and rules for radio signals. Europe wants more control over its own networks and data.
Sateliot uses satellites, machines in space, to connect devices in places without ground networks. It has sent 11 satellites into space, including five with SpaceX. It plans another SpaceX launch in July 2027. In late 2027, it plans a launch with a European company. This will carry two new satellites to connect ordinary phones.
Sateliot is trying to get €150 million from investors. These people and businesses provide money to the company. It wants to grow its network to more than 500 satellites.
