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FOSSA Systems, a startup specializing in IoT and Space Technologies, has raised €6.3 million in funding to expand its IoT satellite constellation for remote asset management. The company has a strong space heritage and has already launched 17 nanosatellites into orbit. This investment will help FOSSA accelerate its time to market and solidify its position as a leading satellite IoT solution provider. The company has also recently partnered with Microsoft to provide IoT satellite connectivity for agriculture use cases.
