Skylo Technologies

Satellite-based connectivity for remote communication

Mountain View, California, United States

About Skylo Technologies

Skylo Technologies provides satellite-based connectivity solutions that enhance communication for existing devices in remote locations. By partnering with established satellite providers, Skylo extends coverage without the need to build its own satellites, allowing for a more cost-effective service. This is particularly beneficial for industries like energy, logistics, and healthcare, where operations often occur in isolated areas. Skylo's services include two-way GPS and messaging, which are crucial for monitoring the electrical grid, ensuring the safety of remote workers, and facilitating critical deliveries such as vaccines. The company charges customers based on coverage needs, number of connected devices, and data usage, aiming to provide affordable communication solutions for businesses and individuals.

Mountain View, CaliforniaHeadquarters
2017Year Founded
$148.8MTotal Funding
LATE_VCCompany Stage
Energy, Social Impact, HealthcareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Stock Options
Wellness Program
Professional Development Budget
Paid Vacation
Paid Holidays
Flexible Work Hours

Risks

Increased competition from companies like HMD Global may impact Skylo's market share.
Integration challenges with partners like Cubic Telecom could affect service quality.
Limited extension of partnerships, like with Google, may restrict market reach.

Differentiation

Skylo leverages existing satellite infrastructure, reducing costs and speeding up service deployment.
The company offers seamless roaming between terrestrial and satellite networks, enhancing connectivity.
Skylo's focus on remote communication supports industries like energy, logistics, and healthcare.

Upsides

Growing interest in satellite IoT solutions boosts Skylo's market potential.
Partnerships with major companies like Google expand Skylo's consumer device integration.
Skylo's strategic regulatory focus aids in navigating complex global markets.

Funding

Total raised$148.83 M
Latest valuation$515.00 M
StageLATE_VC