Skip to main content

Share story

Infrastructure Products

Four European carriers consider joint satellite spectrum bid

The European Union flag against a blue backdrop. Image: Primary
Deutsche Telekom, Orange, Telefónica and Vodafone signed a letter of intent to consider a joint spectrum bid for satellite services that connect directly to devices, The Verge reports. The initiative would support European competition with Starlink and coverage in underserved areas. The carriers plan to establish ground network infrastructure and coordination and monitoring functions in Europe. They would not invest directly in a satellite constellation; a separate partner would provide it. That satellite partner has yet to be selected.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Verge and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Products Infrastructure
Products Infrastructure

JPMorgan deploys $230 billion in economic security financing

JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...

AI Capital
AI Capital

Tenstorrent raises $1.5 billion at $6.2 billion valuation

AI chip startup Tenstorrent has raised $1.5 billion in a funding round that values the company at $6.2 billion, according to a statement provided to Bloomberg News. The financing follows takeover interest in the company earlier th...

Capital Science
Capital Science

Nouscom closes €120 million financing for cancer vaccine trial

Swiss biotech Nouscom has closed a €120 million ($135 million) Series D financing to take its NOUS-209 cancer vaccine through a pivotal clinical trial, pharmaphorum reported. M Ventures and Revelation Partners led the round, with ...

Capital
Capital

Even Healthcare raises $50 million to expand Bengaluru hospitals

Even Healthcare has raised $50 million in an all-equity Series B led by Khosla Ventures, with participation from Alpha Wave, TechCrunch reports. The Indian startup says the round values it at $300 million, triple its valuation 18 ...

Capital AI
Capital AI

Abby Care raises $82M Series C led by Transformation Capital

Abby Care raised an $82M Series C led by Transformation Capital, Fortune reported. The company operates a clinically led platform that uses AI to train and certify family caregivers. The financing adds capital to a business provid...

Infrastructure Products
Infrastructure Products

PLD Space begins system-level testing of Miura 5 orbital rocket

PLD Space says it has begun system-level testing of its Miura 5 orbital rocket, with a fully assembled second stage at its Teruel test site in Spain. The stage will undergo a practice countdown using real propellants, followed by ...