TAMPA, Fla. — Spain’s Sateliot says it has achieved a narrowband connection from a low Earth orbit (LEO) satellite for the first time to a commercial Internet of Things (IoT) device built to global 5G standards known as 3GPP Release 17.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...