The company is finalizing agreements with GSMA member operators to extend its coverage worldwide. This is a significant step that will allow Sateliot to close deals more quickly and offer its services to a customer base valued at over €1.2 billion. Its goal is to achieve a turnover of €1 billion and an EBITDA of €370 million by 2026.

This move is part of the Spanish company's strategy to boost global connectivity, which its low Earth orbit satellite network can offer to these operators when they lack coverage (remote locations, oceans, and airspace). And all of this at a reduced cost. The standard protocol will allow the massive deployment of 5G IoT solutions to end users, who will be able to keep their current SIM cards and automatically switch between the satellite and terrestrial networks.

The GSMA's mission is to drive the growth and development of mobile communications worldwide and to provide leadership and advocacy for the industry. According to the association's marketing director, Lara Dewar, "Sateliot's integration into the association will allow us to work together to find collective solutions that will benefit our members."

For his part, Jaume Sanpera, founder and CEO of Sateliot, believes that “becoming a member of the GSMA is an important step for the company to expand its reach, connecting with the world’s leading telecommunications companies so they can learn about our technology and integrate it into their mobile devices, thus democratizing the use of IoT.”