Singapore and Herndon, Va., 8 December 2021 – ST Engineering today announced that its Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd led a US$30m Series A round in Israel-based hiSky Ltd., a leading developer and provider of affordable and agile satellite Internet of Things (IoT) networks and solutions, with participation from SDF (Strategic Development Fund), the investment arm of Tawazun Holding, and hiSky’s existing shareholders. The investment in hiSky enables ST Engineering’s satellite communications business, ST Engineering iDirect, to leverage the former’s cost-effective and easy-to-install IoT network. This…
Read MoreSunday, April 28, 2024
