Astranis Secures $450 Million in Equity, Debt to Expand Small GEO Satellite Production
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Astranis secures $450 million in equity, debt to expand small GEO satellite production
Astranis secures $450 million in equity, debt to expand small GEO satellite production Astranis secures $450 million in equity, debt to expand small GEO satellite production
Astranis Raises $450 million to Meet Surging Demand for Advanced High-Orbit Spacecraft
Astranis has successfully raised $450 million in new capital, bringing the company’s total raised capital to more than $1.2 billion as it scales to meet increased demand for its spacecraft designed for geostationary orbit (GEO) and other high orbits.
Astranis Raises $450M+, Including $300M Series E
Astranis has raised a $300M Series E to continue development of its GEO spacecraft, the company announced today. Snowpoint Ventures and Franklin Templeton co-led the round, which valued the company at $2.8B, according to a source close to the deal. The round also included participation from Andreessen Horowitz, as well as through funds managed by Blackrock, Baillie Gifford, and Fidelity Management and Research Company. But wait, there’s more: I…
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