Hubble Network Hits $1.6B Valuation to Build Bluetooth Satellite Constellation

Seattle-based Hubble Network secured a $200M Series C round at a $1.6B valuation to aggressively expand its Bluetooth satellite tracking constellation. The company plans to grow its orbital fleet from six current satellites to 60 by the end of 2029. A specialized firmware update allows standard Bluetooth chips—which cost under 50 cents—to transmit data directly to space, bypassing $50 cellular tracking hardware and avoiding massive battery drain. The next-generation satellites launching next year will feature 10x more antennas, capable of monitoring 10 million devices each and capturing environmental telemetry. "There’s all sorts of really interesting stuff that can happen when not only can you sense where things are, but you can also measure the environments around them." — Alex Haro