Swedish satellite technology company Remos Space Systems has raised €1 million ($1M) in seed funding, backed by investment firms Bling Capital and Partnerinvest Norr.
This funding will drive Remos’ expansion into Africa, focusing on improving satellite communication infrastructure through cost-effective, software-defined ground station solutions.
Petter Lindberg, co-founder and COO of Remos, highlighted the growing demand for ground stations as the number of satellites in orbit rises.
“There will be an increased business of hosting and building ground stations and gateways in Africa for foreign-owned satellites. Here, Remos products could also increase cost-efficiency,” he explained.
Dr. Moses Browne Mwakyanjala, the company’s Tanzanian-born CEO, emphasized how Remos’ technology can make satellite access more affordable for African nations.
“African nations want to build satellites but lack experience and do not have a super high budget,” he said.
“Remos solutions help democratize space by making it easier to access space.”
The company offers virtualized transceivers, basebands, and modems designed to reduce costs and improve connectivity.
With the growing presence of satellite constellations such as Starlink and Kuiper, Lindberg believes Remos’ expansion will help “connect the unconnected” across Africa for both civilian and government applications.
Investors also expressed confidence in the company’s potential.
“Remos represents the kind of visionary entrepreneurship we stand behind—technical excellence, mission-driven leadership, and global potential,” said Deqa Abukar, CEO at Bling Capital.
Similarly, Sabina Zahiraldinni, investment manager at Partnerinvest Norr, described Remos as a game-changer in satellite communications: “The company’s technology not only enables flexible and advanced satellite communication solutions but also plays a crucial role in democratizing the space industry.”
Remos sees Africa as a key market for its growth strategy, especially as the continent grapples with infrastructure challenges, regulatory hurdles, and limited funding.
The company also suggests that foreign aid agencies could help subsidize the cost of satellite infrastructure to bridge the digital divide.
With Western investment in Africa fluctuating and China’s Belt and Road Initiative making strategic inroads, Remos’ entry into the African satellite sector comes at a crucial time—offering a new path for independent, cost-efficient satellite connectivity across the continent.