Skylo Tech Secures Funding for Direct-to-Device Sat Connectivity

Skylo Technologies, a direct-to-device satellite connectivity service provider, has secured $37 million in a funding round co-led by Intel Capital and Innovation Endeavors. The round also enjoyed support from new investors, including BMW i Ventures, Next47, Samsung Catalyst Fund, and Seraphim Space. In addition, David Johnson of Intel Capital will be joining the board, bringing a wealth of experience and insight to fortify Skylo’s leadership team.