Astranis raises $200 million Series D, fully funding Omega development program

JOHN GEDMARK

Co-founder and CEO

@Gedmark

June 24, 2024

Astranis has raised a $200 million Series D, led by a16z Growth Fund and co-led by BAM Elevate.‍

Astranis has raised a $200 million Series D, led by a16z Growth Fund and co-led by BAM Elevate.

‍This brings our total capital raised to $750 million, and gets us one step closer to launching 100 MicroGEO satellites by 2030 — and connecting millions to affordable internet.

The higher you go, the fewer satellites you need

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Astranis builds the world's most advanced satellites for high orbits. Our first product, MicroGEO, offers dedicated satellite broadband. But small, radiation-tolerant satellites can do far more than comms. With contracts in place with Space Force, NASA, and other government partners, Astranis is working across all higher orbits to support government science, PNT, and communications missions.