August 8, 2017

Aerostat startup Altaeros gets $7.5M from SoftBank to bring broadband wireless to rural areas

 Altaeros, a Boston-based startup that develops autonomous aerostats, announced today that it has received $7.5 million in new funding from SoftBank Group. The capital will speed-up the launch of SuperTower, a project that uses Altaeros’ tethered balloons to bring broadband wireless to rural areas. Read More

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