Skylo
CEO: Parthsarathi "Parth" Trivedi
Skylo aims to provide affordable and ubiquitous IoT connectivity with a service that provides an NB-IoT network connection via satellite.
The San Mateo, Calif.-based startup launched out of stealth mode in January with $116 million in funding from investors, including SoftBank Group, after completing successful field trials with major enterprise and government customers.
With connectivity that starts at $1 per user and sub-$100 modules, Skylo said its service costs 95 percent less than existing satellite solutions, which will help provide large-scale, affordable connectivity to industries like agriculture, fishing, rail and logistics.