Spacebit
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Spacebit - overview
Established
2021
Location
Daejeon, -, South Korea
Primary Industry
Internet
About
Based in Daejeon, South Korea, founded in 2021, Spacebit Co. , Ltd. trading under the name Spacebit, operates as a company that develops internet for space using special optical technology, that can send data much faster and more reliably than current methods, and it could be used for purposes such as space missions, communication between satellites, and military applications. In December 2024, Spacebit Co.
, Ltd. raised venture funding from JNP-AVENTURES Co. , Ltd.. Spacebit Co.
, Ltd. focuses on creating small satellites and payloads for tasks like Earth observation, data collection, and communication. The firm products use advanced technology to transmit data efficiently and monitor in real time. The company serves government space agencies, research institutions, and businesses in fields like agriculture, weather, and telecommunications.
Spacebit mainly sells its products in North America, Europe, and some parts of Asia to meet the increasing need for satellite services. The company plans to expand into additional markets in Europe and Asia by the end of 2025.
Current Investors
JNP-AVENTURES Co., Ltd.
Primary Industry
Internet
Sub Industries
Internet, Internet Service Providers
Website
www.spacebit2021.wixsite.com/spacebit/ko/
Verticals
Artificial Intelligence, IoT (Internet of Things), Nanotechnology
Company Stage
Early Stage
Total Amount Raised
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