Astranis raises $250M at a $1.4B valuation for smaller, cheaper geostationary communications satellites

Space startup Astranis has raised a $250 million Series C round to provide it with a capital injection to help scale manufacturing of its unique MicroGEO satellites — geostationary communications satellites that are much smaller than the typical massive, expensive spacecraft used in that orbital band to provide communications and connectivity to specific points on…
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14 April 2021 0