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Univity Secures $32M for VLEO 5G Demonstrators

April 23, 2023

2 min read

Key Takeaways

Univity raises $32 million Series A for VLEO 5G demonstrators.
Two UniShape prototypes to launch in 2024 for interoperability testing.
Initial constellation to include at least 1,600 satellites.
Total financing to date reaches $80 million.

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Strategic Implications

Univity's funding may indicate growing interest in space-based 5G technologies, which could enhance telecom operators' competitiveness. The investment suggests a focus on national and European sovereignty challenges in connectivity, and may set a precedent for future investments in VLEO satellite constellations.

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What Happened

French Startup Advances Space-Based 5G Technology

French startup Univity has secured $32 million in Series A funding to deploy two 5G demonstrators into very low Earth orbit next year. The company plans to use the funding to support the deployment of two UniShape prototypes, designed to demonstrate interoperability between terrestrial and space networks, ahead of plans for at least 1,600 VLEO satellites. Univity’s technology is seen as critical to helping telecom operators extend 5G coverage from space, and the investment was led by investment firms Blast and Expansion alongside France’s Deeptech 2030 fund, as reported by SpaceNews.

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