Fleet Space

Fleet is an agile space company connecting the Internet of Things around the world using a massive fleet of small low-cost satellites.

Fleet Space's mission is to Connect Everything using cutting-edge communications and space technologies to enable the next giant leap in human civilisation.

Fleet Space was founded in 2015 by Flavia Tata Nardini & Matt Pearson and is based in Beverley, South Australia, Australia.

Fleet Space provides direct, global access to a secure low-cost low-bandwidth connectivity platform ideal for machine to machine data exchange and deploying IoT sensor networks at scale.

Fleet’s satellites are roughly the size of shoe boxes, which are much cheaper and easier to launch than traditional geocommnications satellites, and the company intends to use a globe-spanning constellation of these in order to serve needs like tracking construction equipment assets, monitoring pipelines and other utility infrastructure and more.

 

Fleet has launched four of its nanosatellites to orbit on a number of different rockets, including an Indian Space Research Organization (ISRO) rocket, a Rocket Lab launch and via SpaceX. Its existing fleet is only a very small part of its planned constellation, but already the startup says it has witnessed “unprecedented demand” from more than three million compatible devices registered to join their network.

 

Fleet Space Technologies is backed by investors including Momenta Ventures, Horizons Ventures, Grok Ventures and Blackbird Ventures among others. The company raised $7.35 in it's latest "Series B" financing on Sep 4, 2019. This brings Fleet Space's total funding to $10.75M (raised A$5M  ($3.4M in their Series A on April 2017).

 

 

  • Year founded: 2015
  • Funding Info: $10.75M over 2 Round of Fundings (Last Funding Type: Series B)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Beverly
  • State: South Australia
  • Country: Australia
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