Saudi Aramco VC Funds IoT Satellite Startup OQ Technology

Credit: OQ Technology
OQ Technology, a 5G Internet-of-Things (IoT) satellite startup, has received a €13 million ($12.9 million) Series A investment led by Wa’ed Ventures, the venture capital (VC) arm of oil-and-gas company Saudi Aramco. The Luxenberg-based company says its small, low-Earth-orbit satellites and terminals...

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