Scottish Satellite Firm Goes Global with £6m Boost and Former Virgin Galactic Boss on Board

Scottish satellite firm closes 'seminal' funding round

Scottish satellite specialist Sofant has closed a funding round of approximately £6.25m as it prepares to launch into commercial production

Scottish satellite firm goes global with £6m boost and former Virgin Galactic boss on board

“We are positioned to accelerate our commercial deployment and redefine what is possible in wireless communications” – David Wither, CEO

Scottish satellite communications group secures £6m investment

Sofant, an Edinburgh-based developer of satellite communications and 5G and 6G technologies, has closed a £6.25m equity funding round.

£6m raise to take Sofant from R&D to commercial launch

Sofant Technologies has raised £6.25 million investment. The Scottish tech firm, behind antenna terminals for satellite communications, said the raise – led by EMV Capital Partners – will see it transition from multi-year R&D into a commercial launch and production. The round includes significant participation by Scottish Enterprise, the National Security Strategic Investment Fund and other investors. The fundraising comprises £1.1m of new equit…