Skylo Technologies is a privately owned telecommunications and satellite Internet of Things (IoT) company founded in 2017 and headquartered in Palo Alto, California. The company has a team of approximately 70 employees and focuses on developing connectivity and distribution services for wireless networks specifically designed for machine data. Skylo Technologies aims to provide reliable and cost-effective connectivity solutions for various industries, including agriculture, transportation, and energy, enabling them to collect and transmit data from remote locations.
Skylo Technologies received $30 million in funding in a round led by NGP Capital, with participation from Westly Group and existing investors Intel Capital, BMW i Ventures, Samsung Catalyst Fund, and Next47 (date not specified). On March 4, 2025, Nordic Semiconductor announced a partnership with Skylo Technologies to certify the nRF9151 cellular communications module for use with Skylo's satellite network service. Later in March 2025, Skylo Technologies launched a direct-to-device (D2D) service on smartphones in Brazil, Australia, and New Zealand. This launch followed by another round of funding, bringing the total capital raised to $183 million. Also in March 2025, Verizon Business added Skylo Technologies' IoT connectivity services to its portfolio, offering satellite roaming and native eSIM services through its ThingSpace IoT management portfolio. Skylo Technologies secured additional funding to expand its direct-to-device satellite connectivity, enabling global communication for smartphones, vehicles, and IoT devices (date not specified).
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Skylo Technologies offers products in the media tech industry. Skylo Technologies's product portfolio comprises of connectivity and distribution services.
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Skylo Technologies's revenues were less than $10M in 2023. All the revenue comes from media and broadcast satellite connectivity.
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