Broadband Satellite Services Ltd (BSS), a Newcastle, UK-based satellite and telecommunications investment company, raised £6.3m in funding.
Business Growth Fund made the investment.
The company is using the investment to accelerate its growth.
Formed in 2012 through the acquisition of Satcom Group and AND Group, BSS is a distributor of satellite communications services to those requiring communications in remote environments where mainstream terrestrial networks are not available. Through its wholly owned companies Satcom Global and AND Group, the company supplies services to military, maritime, aeronautical and offshore customers as well as media and aid agencies across the world.
It is a key global distribution partner for major Satellite Network Operators (SNOs) Inmarsat, Iridium and Thuraya and provides services for customers including installation and technical support as well as a suite of in-house developed solutions to enhance the application of satellite services in different sectors.
BSS has offices in Singapore, Bangkok, Tokyo, Phoenix, Brisbane, Perth, Athens and Moscow and employs more than 200 people globally.