From CNBC:

Silicon Valley space startup Skylo Technologies secured $37 million in funding from Intel, BMW, Samsung, and others for its direct-to-device satellite communications network. The company aims to connect devices via existing satellites, without extra hardware, and has partnerships with chipset makers like Qualcomm, Samsung, and Sony.

Skylo is pursuing the direct-to-device satellite communications market, aiming to provide a network to connect new devices to existing satellites without extra antennas or bulky equipment. CEO Parth Trivedi believes his company can bring the standards-based networks of the telecom industry to the proprietary satellite technology world.

Skylo has eight base stations installed at satellite gateways and has begun initial service in the U.S., Canada, and Europe. The company is generating revenue, but the details are undisclosed. Skylo has 52 employees and offices in Finland and India, in addition to its California headquarters.



Read more: Startup Skylo raises $37 million from Intel, BMW, Samsung