Astranis
Small geostationary satellite builder providing dedicated broadband and military communications
Defense & Space
📍 San Francisco, CA
Founded 2015
Current Valuation
$1.9B
as of 2024-Q3
UNICORN
Astranis builds smaller (350 kg), faster-to-launch geostationary communications satellites — a fraction of the cost of traditional GEO sats while serving the same orbital slots. First commercial launch (Arcturus) deployed in April 2023 over Alaska. Backed by Andreessen Horowitz and Founders Fund. Series D in Sep 2024 valued the company at $1.9B and added $200M from a16z Growth + BAM Elevate.
Company Profile
Growth
Early commercial revenue + DoD contracts
Last Round
Series D — $200M (Sep 2024) · Lead: Andreessen Horowitz Growth Fund
IPO Status
no imminent plans
Founders & Key People
John GedmarkRyan McLinko
Investors
Andreessen Horowitz · BAM Elevate · Andreessen Horowitz Growth Fund · Venrock · Y Combinator · Founders Fund
Products
- MicroGEO satellites (Arcturus, Argos, Alpha series)
- Dedicated broadband for Alaska, Philippines, Peru, Mexico
Competitors
Starlink (SpaceX) · Viasat · Hughes Network Systems · OneWeb (Eutelsat) · SES
SpaceSatellitesDefenseBroadband
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q3. Refreshed quarterly.