Utvate announced it raised $15.6 Million in an amended filing from an offering of $23.6 Million

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Farcast Corp. was formerly known as UTVATE Corp. Farcast is unlocking global prosperity by building affordable user terminals that make satellite internet accessible to everyone. With 1 in 3 people still lacking internet access and only 12% of satellite internet’s potential realized due to high costs, Farcast is removing the biggest barrier to connectivity—ensuring more people, communities, and regions can tap into the power of the internet, no matter where they are.