Astranis (Series D)

Funding Details
Awarder
RSS - spacenews.com
Date Award
July 24, 2024
Vertical
Satellite Manufacturing
Funding URL
View Funding Page

Company Info
Founding Year
2015
Traction
Astranis has only launched one spacecraft so far, Arcturus, and has plans for upcoming satellite launches to provide high throughput for customers.
Organizations Involved
Andreessen Horowitz, BAM Elevate, Blackrock, Fidelity, Baillie Gifford
Founders
John Gedmark
Company Description
Astranis specializes in building geostationary broadband satellites that are smaller and more cost-effective than traditional spacecraft. They focus on providing high-throughput satellites that can fit multiple units on a single rocket launch. The company operates the satellites it builds and leases the capacity over their design life.
Market
Space Technology
Location
Louisville, Colorado, US
Coinvestors
Andreessen Horowitz, BAM Elevate, Blackrock, Fidelity, Baillie Gifford

Links
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