OQ Technology secures $30 million from Europe for satellite-to-smartphone expansion

Europe’s investment arm is lending Luxembourg-based OQ Technology 25 million euros ($30 million) to expand its direct-to-device constellation, bolstering the continent’s push to compete with U.S.-led efforts to connect smartphones from space. The post OQ Technology secures $30 million from Europe for satellite-to-smartphone expansion appeared first on SpaceNews.