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Insider UK
Insider UK
Technology
Peter A Walker

UNBELIEVABLE: Scottish wireless tech developer raises 4 2 million - Caught on Camera

Antenna developer Sofant Technologies has secured a £4.2m investment to complete its satellite communications system, alongside signing its first contract in the defence sector.

The Edinburgh-based business raised the cash from existing investors EMV Capital, Kelvin Capital, Scottish Enterprise and the British Business Bank’s Future Fund.

It will use the money to complete the development of its satellite communications terminal, which is due to be unveiled next year.

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