Utvate

UTVATE is building satellite internet receivers that are 100x cheaper than existing solutions. They are providing the necessary ground technology to bring the 4B people currently without internet online. Moreover, they’ve built the first hardware product which is capable of connecting to the satellite and receiving internet on the go (fastest cycle for building such complicated devices ever achieved, based on feedback from industry experts). UTVATE is going after the $36 billion satellite internet receivers. By 2028, with new satellite bandwidth coming online, this market will grow to $130 billion.

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