Sateliot has initiated a €100 million Series C financing round aimed at deploying its 5G satellite constellation. The funding structure is primarily equity-based, with potential for additional debt. The company anticipates closing this round by summer, which will significantly bolster its efforts in expanding satellite-based 5G connectivity across various regions.

Stoke Space Technologies announced an extension of its Series D financing, increasing the total raised to $860 million. This funding will support the development of its fully and rapidly reusable medium-lift launch vehicles. The financing extension reflects investor confidence in Stoke's innovative approach to launch solutions and its potential impact on the aerospace industry.