OQ Technology, advised by Brouxel & Rabia Luxembourg Law Firm, completes a EUR 13,000,000 fundraising with Aramco and Phaistos Investment Fund to further develop its own technology solutions, acquire more spectrum licenses, and grow its 5G IoT satellite constellation.
The B&R team advising on this transaction was led by partner François BROUXEL and included senior associates Yacine BOUAZZA and Estelle NZOUNGOU.
Please click here to view the original press release from OQ Technology: OQ Technology’s innovative hybrid 5G IoT Satellite cellular terminal
For more information about our legal services, please contact a member of the Corporate M&A team or your usual B&R contact.
Phaistos Investment Fund: Phaistos Investment Fund invests in spacetech company OQ Technology
Space News: Startup OQ Technology raises $13 million to expand satellite IoT network
Wamda: Aramco’s Wa’ed Ventures co-invests €13 million Series A round in OQ Technology
PAPERJAM: OQ Technology séduit Saoudiens et Grecs
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