Saudi telecom giant stc Group has signed a 10-year agreement including $175 million prepayment to use AST SpaceMobile’s planned satellite network. The deal expands direct-to-device connectivity across the Middle East and Africa, with services launching before 2026.
Nxgsat, a Belgian startup founded by satellite industry veterans, has secured €1.2 million in seed funding to develop a virtual 5G modem for satellite communications. The technology aims to break down proprietary barriers in satellite networks, enabling multi-orbit compatibility. Commercial availability is reportedly planned for the second quarter of 2026.
A Belgian startup founded by satellite networking veterans has reportedly secured 1.2 million euros ($1.4 million) in seed funding to develop what sources describe as a groundbreaking virtual 5G modem for satellite communications. According to reports, Nxgsat’s technology is designed for multi-orbit compatibility across traditionally closed communications infrastructure, potentially revolutionizing how satellite networks operate.
