PARIS — Australia’s satellite-IoT service provider Fleet Space Technologies, which in 2022 became the latest operator to reduce outsourcing and bring its satellite manufacturing in-house, has more than doubled its valuation with a $32.8-million Series C funding round.
The latest funding, of 50 million Australian dollars ($32.8 million), gave the company a valuation of more than 350 million Australian dollars, or $230 million.
Fleet said it would use the funds to raise its profile in North America and expand the use of . . .
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