Sateliot: Barcelona’s Trailblazer in 5G Satellite IoT Connectivity
Sateliot, headquartered in Barcelona, is rapidly emerging as a global leader in satellite-based Internet of Things (IoT) connectivity. As the first company to operate a Low-Earth Orbit (LEO) 5G IoT satellite constellation that seamlessly extends terrestrial cellular networks, Sateliot is redefining how devices connect across the globe, especially in remote and underserved regions.
Company History
Founded in 2018 by Jaume Sanpera (CEO), Marco Guadalupi (CTO), Jose Carrero (CFO), and Albert Pujol (RID), Sateliot was established with the vision of bridging the connectivity gap for IoT devices worldwide. Jaume Sanpera, a seasoned telecommunications entrepreneur, previously founded Eurona Telecom and brought his expertise to Sateliot, steering the company’s rapid expansion and technological innovation. Under his leadership, Sateliot has grown from a Barcelona startup to a key player in the New Space sector, with offices in both Barcelona and San Diego.
Address and Financials
Sateliot’s headquarters are located at:
> Berlin 61, Esc. A Entresuelo, 08029 Barcelona, Spain
The company has secured substantial funding, recently raising €13.8 million from the Spanish government as part of its Series B round, bringing total funds raised to over €58 million. Sateliot is set to begin recurrent billing of €187 million from binding orders with 350 clients across more than 50 countries, and claims existing supply contracts worth €270 million annually. The company projects to reach €500 million in revenue by 2027 and aims for €1 billion in annual revenue by 2030.
Sateliot Summary
Sateliot is at the forefront of the satellite IoT revolution, offering global NB-IoT connectivity via its LEO satellite constellation. By enabling standard, unmodified NB-IoT devices to connect directly to satellites, Sateliot eliminates the need for proprietary hardware and high subscription costs, making IoT connectivity accessible and affordable everywhere. With a robust sales pipeline, strategic partnerships, and a bold vision for the future, Sateliot is positioning Barcelona—and Spain—at the center of the New Space revolution.
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