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Europe's Satellite Giant: Univity Secures €27M for 3,400-Satellite Fleet
23 Apr
Summary
- Univity secured €27 million in funding, totaling €68 million with prior contracts.
- The company plans to launch 3,400 satellites, aiming to become Europe's largest operator.
- Univity targets telecom operators, not direct consumers, for its space-based services.

Univity, a European satellite internet startup backed by the French state, announced on April 23, 2026, that it has secured €27 million in a Series A funding round. This investment, combined with a previously awarded €31 million contract from the French space agency, brings the company's total secured funding to €68 million.
The company, founded in 2022, intends to deploy a fleet of up to 3,400 satellites in very low Earth orbit. This ambitious project aims to establish Univity as Europe's leading satellite operator, significantly expanding its presence in the burgeoning space communication sector.