Swarm Technologies is one of several companies looking to populate low Earth orbit with communications satellites, setting itself apart with the sheer smallness of its devices — and of course with the notoriety of having defied the FCC and earned a fine. But investors are bullish, and the company has just raised a $25 million round A to put 150 of its tiny SpaceBEEs in orbit.
View More Swarm Technologies raises $25M to deploy its own 150-satellite constellationCategory: swarm technologies
FCC fines Swarm Technologies $900K over unauthorized satellite launch
Back in March came the surprising news that a satellite communications company still more or less in stealth mode had launched several tiny craft into orbit — against the explicit instructions of the FCC. The company, Swarm Technologies, now faces a $900,000 penalty from the agency as well as extra oversight of its continuing operations.
View More FCC fines Swarm Technologies $900K over unauthorized satellite launchFCC accuses stealth space startup of unauthorized satellite deployment
The FCC has denied a space startup permission to launch a collection of communications satellites after discovering that it had already launched some — after being told not to. Swarm Technologies, still in stealth mode, appears to have gone ahead with the deployment of four satellites deemed too small to be tracked and therefore unsafe to put into orbit. Read More