TAMPA, Fla. — Aalto has raised $100 million from a group of Japanese companies to help develop stratospheric pseudo satellites in its first investment since being spun out of Airbus last year. The investment was led by mobile operator NTT Docomo, which is looking to use Aalto’s fixed-winged Zephr drone to keep subscribers connected in […]

This post is only available to members.

Jason Rainbow writes about satellite telecom, space finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information...