Advanced Television

Avealto

Avealto opens $50m funding round

Avealto, the British company developing high-altitude platform station (HAPS) aircraft to bring broadband connectivity to underserved regions, has opened a $50 million (€43.7m) funding round to finance a new UK manufacturing facility, a full-scale prototype demonstration and its first commercial network deployment, in Southeast Asia, over the next 12 to 18 months. Avealto’s aircraft are […]

July 20, 2026

Avealto launches trademark action against Airbus

UK-based tech disruptor Avealto is taking legal action against a subsidiary of Airbus. The company, which is committed to providing a novel, environmentally friendly solution to deliver low cost, high-speed Internet to the world’s poorest communities, has issued a cease and desist letter against Airbus HAPS Connectivity Solutions Ltd – recently renamed Aalto HAPS Ltd […]

February 13, 2023By Colin Mann