Sofant Technologies is a pioneering company in the realm of mobile satellite communications, with a slogan that captures their vision: "WHEREVER YOU ARE, YOU ARE CONNECTED." Since its founding in 2011 in the United Kingdom, Sofant has been dedicated to revolutionizing the industry. Their terminal technology is highly acclaimed for its industry-leading Size, Weight, Power consumption, and Cost (SWAP-C), making it an attractive prospect for investors and partners. With the recent £3.40M Venture Round investment on 05 June 2024, Sofant Technologies has solidified its position in the market. This round of investment was backed by prominent names such as Scottish Enterprise, EMV Capital, and Kelvin Capital, signifying a resounding vote of confidence from the investment community. This infusion of capital is expected to fuel the company's continued innovation and expansion efforts. Sofant Technologies' commitment to pushing the boundaries of mobile satellite communications, coupled with the backing of influential investors, positions the company as a compelling player in the industry. With a strong foundation and a clear trajectory for growth, Sofant is poised to make an enduring impact in the ever-evolving landscape of telecommunications.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | £3.40M | 3 | 05 Jun 2024 | |
Venture Round | £4.20M | 5 | The Future Fund, NetScientific PLC | 29 Nov 2022 |
Grant | £6.20M | 2 | UK Space Agency | 04 Nov 2021 |
Venture Round | £843.00K | 2 | NetScientific PLC | 26 Oct 2021 |
Venture Round | £740.00K | 3 | Scottish Investment Bank | 27 Apr 2021 |
No recent news or press coverage available for Sofant Technologies.