Hubble Network raises $200M to bring global coverage to all Bluetooth LE devices
Hubble Network Inc. is doing something nobody expected was possible by connecting Bluetooth to satellites, and today announced it has raised $200 million in a Series C round to build out the capability. With Hubble’s product, any device with a Bluetooth LE, or Low Energy, radio can connect to satellites orbiting kilometers above. Unlike classic […] The post Hubble Network raises $200M to bring…
Hubble Network Inc. has secured $200 million in Series C funding to enable Bluetooth connectivity to satellites. The innovative technology allows any Bluetooth LE device to communicate with satellites, transmitting data at a fraction of the power required by traditional Bluetooth. This breakthrough allows small devices to operate on minimal battery life for extended periods.
Hubble plans to deploy a constellation of 60 low-Earth orbit satellites by 2030, complemented by 100 million ground-based gateways across 170 countries, providing global coverage. The technology has the potential to revolutionize item-level tracking, reducing costs from $25 per device to less than $1. Hubble has already partnered with major companies such as Texas Instruments, InPlay, and Reelables to implement its solution in various industries, including logistics, pharmaceuticals, and cargo tracking.
The company's co-founder and CEO, Alex Haro, attributes the success to overcoming industry skepticism about the feasibility of connecting Bluetooth chips to satellites.
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