hiSky SCS

Company Overview

Snapshot

Founded in May 2015 by Shahar Kravitz and Yaron Shachar, hiSky SCS operates with 51–200 employees. The company has raised $41.3 million across 4 funding rounds from 4 investors. In December 2021, hiSky SCS secured a Series A funding round with ST Engineering Ventures as a lead investor.

Business overview

hiSky SCS develops satellite communication network systems that provide robust, low-cost satellite services globally. The company's core technology operates on GEO and LEO satellites, encompassing satellite terminals, hub base stations, a mobile application, and IoT/M2M interfaces. hiSky SCS serves markets requiring commercial IoT and voice/data solutions, operating within the Aerospace, Defense & HLS sector, with a focus on Space Tech and Communication & Navigation.

Strategic signal

In December 2021, hiSky SCS successfully closed a Series A funding round, with ST Engineering Ventures participating. This funding signals strong investor confidence in hiSky's satellite IoT network technology and its potential to expand global low-cost satellite services, positioning the company for continued growth in the competitive satellite communication market.

Company Intelligence Q&A

Which investor participated in hiSky SCS's February 2019 funding round?

Reuben Brothers invested in hiSky SCS in February 2019 to support the rollout of new global low-cost satellite services for voice/data and IoT.

What was the nature of hiSky SCS's collaboration with Avanti Communications?

In September 2021, hiSky SCS expanded its cooperation with Avanti Communications to offer satellite IoT network as a service across the UK and Scotland.

Did hiSky SCS receive any grants?

In June 2019, hiSky SCS was awarded an undisclosed grant by the UK Space Agency.

What was hiSky SCS's partnership with ST Engineering iDirect about?

In March 2020, hiSky SCS partnered with ST Engineering iDirect to enable IoT over satellite.