Fossa Systems
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$10.0k | Grant | ||
* | €6.3m | Series A | |
Total Funding | €6.3m |
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Recent News about Fossa Systems
EditFOSSA Systems specializes in providing low power Internet of Things (IoT) connectivity solutions through satellite technology. The company serves a diverse range of clients including businesses in agriculture, farming, industry, infrastructure, energy, transport, aquaculture, security, and blockchain sectors. Operating in the global IoT market, FOSSA Systems offers a business model that includes IoT connectivity services, dedicated satellite infrastructure development, and launch brokerage services to put satellites into orbit. The company generates revenue by offering these services to businesses looking for cost-effective and reliable IoT communication solutions. FOSSA Systems stands out by enabling real-time asset monitoring and providing a turnkey solution for direct data reception through its ecosystem of nodes and sensors. The company also focuses on inspiring the next generation of engineers through its non-profit initiatives dedicated to the development of picosatellite technology.
Keywords: IoT connectivity, satellite technology, asset monitoring, low power, global communications, agriculture, infrastructure, energy, transport, blockchain.