March 26 update: Sateliot announced it met its 70 million euro Series B target after a 10 million euro investment from Spain's Singular Asset Management, giving the startup enough funds to deploy 100 satellites.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...