{"id":30702,"date":"2026-04-30T15:35:15","date_gmt":"2026-04-30T15:35:15","guid":{"rendered":"https:\/\/pettysackingforum.com\/univity-raises-e27m-to-build-europes-biggest-satellite-network\/"},"modified":"2026-04-30T15:35:15","modified_gmt":"2026-04-30T15:35:15","slug":"univity-raises-e27m-to-build-europes-biggest-satellite-network","status":"publish","type":"post","link":"https:\/\/pettysackingforum.com\/?p=30702","title":{"rendered":"Univity raises \u20ac27M to build Europe\u2019s biggest satellite network"},"content":{"rendered":"
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Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a \u20ac27 million ($32 million) funding round.<\/p>\n

The company aims to launch thousands of satellites and position itself as Europe\u2019s largest satellite operator.<\/p>\n

The Series A funding round, combined with a \u20ac31 million contract from the French space agency, brings Univity\u2019s total secured funding to \u20ac68 million.<\/p>\n

CEO Charles Delfieux confirmed the figures, noting that the investment marks a key milestone for the company\u2019s expansion plans.<\/p>\n

French state-owned investment bank Bpifrance participated in the round, alongside investment platform Blast and venture capital fund Expansion.<\/p>\n

France pushes for reduced reliance on US providers<\/h2>\n

The funding comes as France leads broader European efforts to reduce dependence on US-based satellite internet services.<\/p>\n

Unlike competitors such as Elon Musk\u2019s Starlink <\/a>or Amazon, which focus on direct-to-consumer services, Univity is targeting telecom operators.<\/p>\n

The company plans to share infrastructure and offer space-based internet and mobile services to these operators.<\/p>\n

Delfieux told Reuters that Univity has already signed 16 agreements with telecom operators across four continents.<\/p>\n

The partnerships underline growing demand among telecom firms seeking to integrate satellite connectivity into their networks.<\/p>\n

Plans to build large VLEO satellite constellation<\/h2>\n

Founded in 2022, Univity is planning to build a fleet of up to 3,400 satellites in very low Earth orbit (VLEO), roughly 375 km above Earth.<\/p>\n

This would make it Europe\u2019s largest satellite operator if achieved.<\/p>\n

For comparison, Starlink currently has around 10,000 satellites in orbit, while Amazon\u2019s low Earth orbit project plans to deploy roughly 7,000 satellites.<\/p>\n

The push reflects a broader trend where telecom operators globally are signing deals with satellite providers to extend coverage in remote areas.<\/p>\n

Such partnerships help bridge connectivity gaps where upgrading terrestrial infrastructure would be more costly.<\/p>\n

Focus on cost efficiency and production strategy<\/h2>\n

Delfieux highlighted the competitive dynamics shaping the sector.<\/p>\n

\u201cIn this new era of satellite communication pushed by Starlink and Amazon, mass production and recurrent prices have become the battle(field),\u201d Delfieux said, as quoted by Reuters.<\/p>\n

He added, \u201cOne way to provide highly competitive services to our clients is to internalize production.\u201d<\/p>\n

The company plans to manufacture its satellites near Toulouse to manage costs more effectively.<\/p>\n

Roadmap for deployment and future funding<\/h2>\n

Univity said its current funding will support the launch of its first two satellites.<\/p>\n

The company then plans to transition to an infrastructure financing model for large-scale deployment from 2028.<\/p>\n

This next phase is expected to involve \u201cdeep-pocketed investors\u201d such as infrastructure funds and telecom operators, Delfieux said.<\/p>\n

The strategy signals a shift from early-stage funding to long-term capital deployment, aligning with the company\u2019s ambition to scale its satellite network significantly in the coming years.<\/p>\n

The post Univity raises \u20ac27M to build Europe\u2019s biggest satellite network<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a \u20ac27 million ($32 million) funding round. The company aims to launch thousands of satellites and position itself as Europe\u2019s largest satellite operator. The Series A funding round, combined with a \u20ac31 million contract from the French space agency, […]<\/p>\n","protected":false},"author":1,"featured_media":30703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-30702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news"],"_links":{"self":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/30702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30702"}],"version-history":[{"count":0,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/30702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/media\/30703"}],"wp:attachment":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}