Fleet Space Technologies Plots First Phase of Global Expansion by Establishing Presence in the United States

“The technology we have developed has the potential to provide worldwide connectivity to multiple industries. This is reflected in our global ambition and commitment to the United States as the first phase of our international expansion.

We are already seeing significant demand for our cutting-edge solutions across the Americas and this move represents an affirmation of our belief in the rapid growth of the largest space technology market in the world.” 

Flavia Tata Nardini, CEO and Co-Founder, Fleet Space Technologies

Fleet Space Expands into the United States

We are delighted to announce our first international HQ in Houston, Texas. This is the first phase of global expansion plans. This follows our oversubscribed Series B funding round ($26.4million) in November 2021.

This expansion to the US and with-it proximity to large-scale market opportunities across industries including: natural resources, energy, and sovereign strategic functions is a significant pillar of highly ambitious growth plans.

We are committed to creating the world’s most advanced low-power satellite network to secure planet-wide connectivity coverage for millions of devices through the implementation of our proprietary smallsat technology.  

This technology has the potential for applications across multiple industries of significant strategic importance to the United States. The choice of Houston as an anchor location that feeds satellite offices in California and eventually the East Coast places Fleet at the heart of the world’s leading government space agency, NASA.

Fleet is already working in lock-step with US space industry regulators and has applied to the Federal Communications Commission (FCC) for market access for its beamforming smallsats in the US and Fleet's smart edge device, called a portal, has completed FCC certification for use in the US.

Fleet Space’s Ability to Protect Sovereign Assets

Fleet Space Technologies solutions in the United States are proven in their ability to protect sovereign assets. For example, full global connectivity enabled by Fleet’s existing low-orbit constellation can implement the strategic monitoring of remote assets in oilfields.

This dramatically reduces risk and downtime through applications like high-definition recognition cameras that can identify the difference between sanctioned and unknown vehicles approaching sovereign or critical assets like oil pipelines.

This extends to marine settings through active monitoring of fleets and naval and merchant assets. This affirms the strategic selection of Houston as a base due to its proximity to the United States’ largest resource companies.

Commercial Expansion to Key International Markets

Fleet Space will also shortly announce the creation of a highly innovative new technical solution of lower impact mineral exploration, this has been identified as of key strategic importance by US Federal authorities.

Fleet’s existing investor base also has strong foundations in the US with InQtel, Alumni Ventures and Momenta Ventures all backing the company in its recently oversubscribed funding round. The establishment of a North American HQ also provides easy market access to South America, one of the world’s leading producers of natural resources and Canada.