Israeli start-up SkyFi is developing a network of 60 nano-satellites to cover the globe and enable any type of communication between two points – telephone, digital, and even television. It will also provide Internet access to some 4 billion people in rural areas without wired or wireless connections.
http://www.timesofisrael.com/satellite-pioneer-skyfis-vision-worldwide-internet-access/
http://www.globes.co.il/en/article-israeli-nano-satellite-co-skyfi-raises-3m-1001106497
(Ariel University video on nano-satellite development