FOSSA Systems closes EUR 9.25 million round
FOSSA Systems closed a EUR 9.25 million round to expand secure satellite communications, defence capabilities and its planned 140-satellite constellation.
Evidence notes
- Kibo Ventures led the completed round.
- SETT, Space Frontiers Fund II, Indico Capital Partners and WISeSat participated.
- FOSSA said the capital would support international expansion, security and defence development, team growth and continued constellation deployment.
Company context
FOSSA Systems is a Spanish satellite manufacturer and network operator serving industrial IoT, remote asset monitoring, secure communications and sovereign space-infrastructure programmes.