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Elon Musk's SpaceX connects with Swarm Technologies, acquires satellite startup

Shortpedia

Content Team
Image Credit: Shortpedia

SpaceX is acquiring satellite connectivity startup Swarm Technologies for an undisclosed sum, it first acquisition in the 19 years of its existence. Swarm raised $25 million in August 2018 and launched its flagship product called the Tile which is a small modem that can be embedded in various connectivity devices and linked to the satellite network.