Latest OTee News & Updates

See the latest news and media coverage for OTee. We track all announcements, press releases, and industry mentions in real time, all in one place.

OTee

Virtual PLC platform for industrial control

otee.com

Headquarters: Norway
Founded year: 2022
Company type: Private company
Number of employees: 20–50

Last updated Today

Latest news about OTee

In short: OTee secured €5.3M in seed funding, expanded its global footprint to 57 countries, and deployed its Virtual PLC technology for industrial automation.

Company announcements

April 28 OTee

OTee announces €5.3M funding round

The funding advances open, software-defined industrial control for easier integration, faster deployment, and scalable operations. Quote from Aker BP's Chief Digital Officer highlights the new approach.

April 28 OTee

OTee raises €5.3M Seed Round

The funding, led by North Ventures, supports product development and international expansion of its software-defined control platform. Investors include Atlas SGR, RunwayFBU, Superangel, and Antler.

16 October 2025 OTee

OTee deploys Virtual PLCs for Norwegian operator

OTee's Virtual PLCs are deployed across four units, while the operator evaluates Beijer Electronics, KUNBUS, and Unipi hardware, achieving about 8,000 tag updates every 10 seconds.

16 September 2025 OTee

OTee announces field-proven EtherNet/IP live

The release supports Class 1 cyclic/deterministic connections, with diagnostics and upcoming UCMM/Class 3/Tag connections in the coming weeks.

Media coverage

March 23 Investing.com

OTE buys back 529,588 shares for €9 million last week By Investing.com

ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 529,588 of its own shares between March 16 and March 20 for a total of €9,026,393.91, according...

8 May 2025 armbasedsolutions.com

ARM Embedded Computer with OTee Virtual PLC for Industrial Automation

By leveraging ARMxy series efficiency and OTee’s flexibility, industries can overcome the limitations of traditional PLCs, achieving cost savings, scalability, and seamless IT/OT integration.

19 March 2025 Shifter

Jose Almanza leaves Antler to lead OTee as operations chief, with a focus on global expansion and cybersecurity. Read more about his new role and OTees..

Jose Almanza leaves Antler to lead OTee as operations chief, with a focus on global expansion and cybersecurity. Read more about his new role and OTees...

22 February 2024 EU-Startups

Top 10 promising Norwegian startups to watch out for in 2024!

Norway's shift from traditional industries like oil and gas to tech and innovation has propelled it into the spotlight as a rising star in...

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