FOSSA Systems is a Spanish startup that provides dedicated space services and complete IoT solutions that connect devices located anywhere on the planet through satellite connectivity. FOSSA is pioneering a market that currently has 10 billion connected devices and that expects to have more than 25 billion by 2025. With their planned 80-satellite constellation, they expect to connect millions of devices directly to their network, offering global and real-time direct-to-device LPWAN coverage. FOSSA provides turnkey solutions with LoRa-based satellite IoT as its core. FOSSA has verticalized the manufacturing process of satellites, space operations and ground segment services, and launched 17 satellites since 2022.