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About Astranis
Industries
Aerospace
Defense
Company Size
201-500
Company Stage
Series D
Total Funding
$587.2M
Headquarters
San Francisco, California
Founded
2015
Overview
Astranis develops and deploys spacecraft designed for Geostationary Orbit to provide internet connectivity to people who currently lack access. The company creates low-cost telecommunications satellites and offers bandwidth-as-a-service to both commercial and government customers. This approach allows Astranis to deliver services at a lower cost compared to traditional providers, making it appealing for reaching underserved markets. With over $1 billion in satellite services sold in the past two years and plans for additional satellite launches, Astranis is positioned for growth. The company's goal is to bridge the digital divide by connecting the estimated 4 billion people without internet access.
Simplify's Take
What believers are saying
- Astranis plans to launch 100 MicroGEO satellites by 2030, expanding its market presence.
- Partnership with Xona Space Systems could open new defense market opportunities.
- $50 million Series D funding highlights strong investor confidence and supports expansion.
What critics are saying
- Competition from SpaceX's Starlink and Amazon's Project Kuiper may impact market share.
- Technological advancements require costly upgrades to remain competitive.
- Potential satellite launch delays could affect expansion and revenue projections.
What makes Astranis unique
- Astranis offers low-cost telecommunications satellites with a unique bandwidth-as-a-service model.
- The company designs, manufactures, and operates its own satellites, ensuring full control.
- Astranis targets underserved markets, aiming to connect 4 billion people without internet access.
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Funding
Total Funding
$587.2M
Above
Industry Average
Funded Over
7 Rounds
SV Angel
Andreessen Horowitz
Y CombinatorIndustry standards
Benefits
An equity stake in the company.
Comprehensive medical, dental, and vision insurance.
Unlimited vacation days.
Healthy, delicious, free lunch catered in every day.
Complementary OneMedical membership.
Great office chairs, stand-up desks, and a machine shop.
Reimbursement to spend on commuting from outside SF
Generous, fully-paid parental leave.
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 1%2 year growth
↑ 0%Astranis, operator of a satellite internet company intended to bridge the digital divide, raised an additional $50 million of Series D venture funding from NTT Docomo Ventures, and other investors.
As part of this ambitious effort, Orbits first partnered with Astranis, the world's leading operator of dedicated communications satellites, to construct its latest satellite.
Astranis to develop resilient GPS satellites for USSF.
WASHINGTON - Satellite manufacturer Astranis announced Nov. 1 it is teaming up with navigation startup Xona Space Systems to compete for a U.S. Space Force contract aimed at developing a backup to the military's GPS system.
Mr. Mancini joins Energy Recovery from Astranis Space Technologies Corp., a San Francisco-based next-gen satellite company, where he served as CFO for four years and was instrumental in bringing this revolutionary satellite technology to market.
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About Astranis
Industries
Aerospace
Defense
Company Size
201-500
Company Stage
Series D
Total Funding
$587.2M
Headquarters
San Francisco, California
Founded
2015
Astranis is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today