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UNIVITY RAISES €27M TO CHALLENGE STARLINK

France-based satellite startup Univity closed a €27 million funding round, bringing total funding to €68 million. The company plans to deploy 3,400 very low earth orbit (VLEO) satellites to reduce European dependence on Elon Musk's Starlink.

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France-based Univity, which seeks to build 3,400 VLEO satellites to reduce Europe's reliance on Starlink, raised €27M, bringing its total funding to €68M (Gianluca Lo Nostro/Reuters)

Gianluca Lo Nostro / Reuters: France-based Univity, which seeks to build 3,400 VLEO satellites to reduce Europe's relian…

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