About Astranis
Astranis is a space startup that builds small and low-cost telecommunications satellites to provide internet access in remote regions.
Headquarters
Astranis, San Francisco
Founded
2015-01-01
Industry
Aerospace, Internet, Satellite Communication, Telecommunications
Last Funding Type
Series D
Valuation
11
Total Funding
$753.50 million dollars
IPO Status
Private
Financial
Astranis is focused on developing small, cost-effective telecommunications satellites. Their research includes a multi-antenna system for non-terrestrial communications, which enhances signal reception and transmission through advanced beamforming algorithms. They are also working on satellites using Software-Defined Radio systems, allowing for adjustable throughput via multiple antennas. Additionally, Astranis is innovating with adjustable payloads for small geostationary satellites, utilizing software-defined payloads to provide flexible communication services. These efforts aim to improve internet access in remote regions.
Astranis has raised $200 million in a Series D round to fully fund its Omega program, which aims to launch the first next-generation broadband spacecraft in 2026. This funding round is noted as the largest US venture raise for a space company in 2024.
Astranis has raised $200 million in a Series D round to fully fund its Omega program, which aims to launch the first next-generation broadband spacecraft in 2026. This funding round is noted as the largest US venture raise for a space company in 2024.
Funding Rounds
9
Number of Lead Investors
6
Total Funding Amount
$753.50 million dollars
Number of Investors
54