Lynk–Omnispace merger closes as Elveo Mobile, planning 320 satellites and service by 2028

Elveo Mobile/Elveo direct-to-phone network (Lynk)

Lynk and Omnispace completed their merger on August 14 and renamed the company Elveo Mobile, based in Washington, DC and led by Ramu Potarazu. It starts with nine satellites in orbit and plans 320 in low orbit, deploying from the fourth quarter of 2027, with commercial service expected by early 2028. It has 56 contracts with operators and partners in more than 60 countries.

• First services: texts, WhatsApp, FaceTime and mobile banking.
• Investors: SES, Fortress, StepStone, Columbia Capital, Telcom Ventures, Blazar Ventures.
• No funding amount disclosed; capital still needed for the constellation.
• More than 150 employees.