Astranis raises $250 million for its GEO internet

Paris, 16 April 2021. – A step into GEO: The San Francisco-based Astranis, a company that wants to offer satellite …
Astranis raises $250 million for its GEO internet

Paris, 16 April 2021. – A step into GEO: The San Francisco-based Astranis, a company that wants to offer satellite internet via small and light geostationary satellites, raised $250 million at a valuation of $1.4 billion, in a round led by BlackRock, RockAstranis CEO John Gedmark told CNBC. The new round brings Astranis’ total funding to more than $350 million since its founding in 2015, according to the business channel.

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