With founders and management describing themselves as building the world's smallest two-way communication satellites, Swarm Technologies is a satellite company organized around providing accessible, low-cost global connectivity through development of lowest-cost global communications network with breakthrough satellite technology. The firm had been indicated as working to build an Internet of Things (IoT) constellation of very small satellites (CubeSats) in low Earth orbit to provide mobile broadband data anywhere globally. On July 2021, SpaceX acquired Swarm Technologies and is now designated a direct wholly-owned subsidiary of that firm.
