Astranis

Develops low-cost telecommunications satellites

San Francisco, California, United States

About Astranis

Astranis develops and deploys spacecraft for Geostationary Orbit, focusing on providing internet connectivity to the 4 billion people worldwide without access. The company designs, manufactures, and operates low-cost telecommunications satellites, offering bandwidth-as-a-service to commercial and government customers. This approach allows Astranis to deliver services at a lower cost than traditional providers, making it appealing for reaching new 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 and connect underserved populations globally.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$587.2MTotal Funding
SERIES_DCompany Stage
Aerospace, DefenseIndustries
201-500Employees

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.

Risks

Competition from SpaceX's Starlink and Amazon's Project Kuiper may impact market share.
Continuous R&D investment needed due to rapid technological advancements in satellite tech.
Regulatory challenges in obtaining spectrum licenses could delay satellite deployments.

Differentiation

Astranis offers low-cost satellite solutions for underserved regions, expanding internet access.
The company provides bandwidth-as-a-service, reducing costs for commercial and government clients.
Astranis designs, manufactures, and operates its own satellites, ensuring end-to-end service control.

Upsides

Astranis plans to launch 100 MicroGEO satellites by 2030, increasing market share.
Partnership with Xona Space Systems enhances reputation in the defense sector.
$50 million investment from NTT Docomo Ventures indicates strong investor confidence.