"Astranis Raises $200M to Expand Satellite Development and Launch 100 MicroGEO Satellites by 2030"

Astranis Raises $200M in Series D Funding

Astranis raises $200M in Series D Funding

Astranis (Linkedin), a leading geostationary satellite manufacturer, has secured $200M in Series D funding to accelerate the development and launch of their MicroGEO satellites. With a total capital raised of $750M, Astranis aims to bridge the digital divide by providing affordable telecommunications solutions to underserved regions.

Funding Amount: $200 million

Industry: Defense and Space Manufacturing

Employee Count: 201-500

CEO: John Gedmark (CEO Linkedin)

What Astranis needs to buy: Manufacturing and supply chain partners, technology and innovation companies, and telecom providers are ideal partners for Astranis. These collaborations will support Astranis in scaling production, advancing satellite technology, expanding market reach, and delivering reliable connectivity solutions to underserved regions around the world.