Entropia Secures Sixty Million Euro's for Accelerated Growth and Innovation

Oostkamp, Belgium, May 29, 2O24

Entropia, a leading mission-critical network operator founded in 199O, has secured €6O million in funding to fuel its growth and innovation initiatives. This significant capital injection, scheduled to be finalised after the summer months, will empower Entropia to solidify its market position and push the boundaries of mission-critical communication solutions.



Strategic Investment for the Future:

The funding round will see current shareholders retain a 72% ownership stake, while a new silent minority shareholder will join the company. This strategic investment provides Entropia with:

Growth Capital: The funding surpasses Entropia's immediate needs, allowing them to invest in strategic expansion and solidify their market presence.

Innovation Engine: The capital injection fuels Entropia's dedication to continuous innovation, ensuring they remain at the forefront of mission-critical communication technology.



Outlook:

With significant assets and the new capital increase, Entropia can substantially expand faster its annual recurring growth. Market analysis reports consistently position Entropia as a visionary leader in the mission-critical communication space in a world market potentials of approximately $ 9 Bn. Entropia's solutions offer unparalleled performance, reliability, and security, exceeding the capabilities of existing alternatives.