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11 August 2017

SoftBank allows $7.5m to go to Altaeros

Altaeros, the developer of an aerial broadband provision system, has raised $7.5m from SoftBank, the investor that supplied $7m for it in 2014.

Author: Robert Lavine, News Editor

Telecommunications and internet group SoftBank has provided $7.5m of funding for Altaeros, the US-headquartered developer of an aerostat-based internet system.