PARIS — Startup satellite B2B broadband service provider Mangata Networks is preparing a Series A financing round this summer for up to $50 million — that’s all CEO Brian Holz said he needs now — on the heels of a grant from Scottish Enterprise in return for building an R&D center in Edinburgh.
Arizona-based Mangata is designing a constellation of medium-Earth-orbit (MEO) and hilly elliptical orbit (HEO) satellites, with revenue generating starting with as few as eight HEO-orbit satellites: become a subscriber!
