Satellite IoT Firm Opens Portugal Office

Image: FOSSA Systems

Spain-based FOSSA Systems is expanding internationally for the first time with the opening of a new subsidiary in Portugal, the company announced Tuesday.

The new location will focus on R&D&I (that’s research and development and innovation) in fields including space, aeronautics, telecom, and satellite connectivity. 

“With this first delegation outside of Spain we seek to increase our international presence and serve new markets,” CEO and cofounder Julián Fernández said in a statement. “We have worked with several Portuguese entities, and we see this new R&D&I center as a great opportunity to take advantage of the potential that Portugal offers.”

FOSSA 101: Fernández and Vicente González cofounded the satellite-based IoT startup in 2020 with a HQ in Spain. The company employs 25 people, which is expected to double by 2025, according to a press release. 

The company closed a funding round for an undisclosed amount in November to help it build its satellite constellation. 

Portuguese space sector: The Portuguese Space Agency lists 40+ space companies in the domestic space ecosystem, including D-Orbit, an in-space transportation company, and Valispace, which works to streamline engineering processes for complex space systems. Its space agency, which was established in 2019, is pursuing a goal to grow the domestic space sector by a factor of 10, with a focus on EO, space debris, and space traffic management.  

Related Stories

AST SpaceMobile Secures AT&T Direct-to-Cell Agreement

AST SpaceMobile ($ASTS) clinched a deal with AT&T to provide satellite-to-cell connectivity through 2030, the two companies announced Wednesday.  Public markets cheered the definitive commercial agreement signed with the country’s largest cellular provider, propelling AST’s stock up nearly 70% yesterday and pushing its market cap to $1B+.  Customers will be able to opt in to […]


SatVu Plans Two New ‘Thermometer’ Sats After Failure

London-based SatVu is preparing to launch two temperature-taking satellites next year after losing its pathfinder mission in December.


International Partnerships Complicate Space Registry, State Says

The US needs to communicate better with both the private sector and international partners about objects in orbit as space becomes more global, a State Department official said Thursday.


Xona Raises $19M Series A

Xona Space Systems is working to build an alternative to GPS in LEO, and it’s just secured an additional $19M to make that goal a reality.