TOP 30 PE FIRMS REPORT

NEWSLETTER

Like this article?

Sign up to our free newsletter

Mangata Networks raises USD33m in Series A round led by Playground Global

Mangata Networks (Mangata) has closed a USD33 million Series A round led by US-based venture capital firm Playground Global.

Mangata is developing a network of HEO (highly elliptical orbit) & MEO (medium earth orbit) satellite constellations, combined with the power of a terrestrial system of MangataEdge™ micro data centers, extending the cloud to the edge of the network close to users. This single core network will to provide scalable B2G and B2B connectivity, that is both affordable and accessible to anyone, anywhere on the planet.

Mangata Networks will initiate service for the entire Northern Hemisphere starting in 2024 with its initial launch of 8 HEO satellites. Subsequent launches of 24 MEO satellites will provide complete global coverage and increased overall system capacity.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Features

Talk to Us

What would you like to talk with us about? *