OQ Technology secures $30 million from Europe for satellite-to-smartphone expansion

OQ Technology secures $30 million from Europe for satellite-to-smartphone expansion

Europe’s investment arm is lending Luxembourg-based OQ Technology 25 million euros ($30 million) to expand its direct-to-device constellation, bolstering the continent’s push to compete with U.S.-led efforts to connect smartphones from space. The post OQ Technology secures $30 million from Europe for satellite-to-smartphone expansion appeared first on SpaceNews.

Source: https://spacenews.com/oq-technology-secures-30-million-from-europe-for-satellite-to-smartphone-expansion/