Yellow Sat Raises Funds

Published on 2012-07-17 at 06:53:00 PM

Yellow Sat markets satellite capacity from inclined orbit satellites and related ground stations. It has just raised €2.7 million from Pegase Five. Gramond & Associés represented Yellow Sat for this fundraising operation.

Yellow Sat provides satellite coverage for the entire world, particularly in areas with few or no terrestrial infrastructures. Yellow Sat’s offer is primarily intended for Telecom Operators, Internet Service Providers, and Satellite Service Operators. With a powerful algorithm, the satellite ground stations offered by Yellow Sat provide for autonomously and securely tracking satellites in inclined orbit. Its innovative technology allows it to offer access to satellite capacity at low cost and without heavy investment on the ground. http://www.yellowsat.com

Pegase Five is a holding company dedicated to investing in SMEs in the aerospace industry. It is advised by Magellan Industries. http://www.magellan-industries.com