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Sateliot’s quartet of satellites launched on a Space X Falcon 9 rocket, bringing the company closer to generating revenue and positioning Spain as a global leader in IoT connectivity. The company plans to offer 5G NB-IoT NTN service using GSMA and 3GPP standards, targeting small to medium-sized enterprises and public administrations. It aims to connect over 8 million devices and generate €1 billion in revenue by 2030.