Astranis

Astranis

A satellite communications company building small telecommunication satellites.

Astranis is a satellite communications company building small telecommunication satellites that is headquartered in San Francisco, California and was founded in 2015 by John Gedmark and Ryan McLinko.

The company plans to launch satellites into geostationary orbit, farther from the earth, and in a location that will remain fixed. Astranis' goal is to put up satellites that are capable of providing immediate connectivity to broadband internet access to an estimated 4 billion people.

Astranis plans to send one satellite at a time to slots in geostationary orbit, 22,000 miles high, where each satellite can beam data up and down on a steady basis. Astranis plans to have its first operational satellite sent to geostationary Earth orbit in 2019.

Funding

Seed

On March 22, 2016 Astranis announced raising $120,000 in seed funding from Y Combinator, S2 Capital, Refactor Capital, Fifty Years, ACE & Company, Wei Guo, Samvit Ramadurgam, Lars Rasmussen, and Jaan Tallinn.

Series A

On March 1, 2018 Astanis announced raising $13.5 million in series A funding from Andreessen Horowitz (lead investor), Y Combinator, Refactor Capital, Indicator Fund, and Fifty Years.

Timeline

June 17, 2020

Astranis reaches key milestone with MicroGEO communication satellite.

February 13, 2020

Astranis raises $90 million in Series B funding round led by Venrock, with a sizeable contribution by existing investor Andreessen Horowitz.

March 1, 2018

$13.5m Series A

The round was led by Andreessen Horowitz with additional participation by Y Combinator, Fifty Years, Refactor Capital and Indicator Fund.

March 2018

Astranis raises a $13,500,000 series A round from Y Combinator, Fifty Years, Indicator Fund, Andreessen Horowitz and Refactor Capital.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
3 Results
Page 1 of 1
Results per page:
Powered by Golden Research Engine

People

Name
Role
LinkedIn

Adam Rothenberg

Investor

Amy Gu @ Hemi Ventures

Investor

Aneel Ranadive

Investor

Baiju Bhatt

Investor

Baird Hendrix

Employee

Brady Salz

Employee

Brett Jackson

Investor

Cory Wiltshire

Employee

David Beyer

Investor

David Lee

Investor

David Tisch

Investor

Derek Guo

Employee

Girts Folkmanis

Employee

Han Zhang

Employee

Jaan Tallinn

Investor

Jake Gibson

Investor

Jeff Chung

Investor

John Bowen

Employee

John Conafay

Employee

John Gedmark

Co-founder and CEO

John Wolthuis

Investor

Josh Buckley

Investor

Joshua Schachter

Investor

Jude Gomila

Investor

Kyle Joba-Woodruff

Employee

Page 1 of 2

Further reading

Title
Author
Link
Type
Date

Why We're Excited About Alaska - John Gedmark - Medium

John Gedmark

Web

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Darrell Etherington
June 17, 2020
TechCrunch
Satellite telecommunications startup Astranis has achieved a key technical milestone with its MicroGEO product, a small geosynchronous communications satellite that it will use to launch its first commercial service starting next summer for customers in Alaska. This is a big milestone for Astranis because the MicroGEO satellite test article that passed this round of thermal-vacuum [...]
Darrell Etherington
February 13, 2020
TechCrunch
YC-backed Astranis has raised $90 million of new combined debt and equity funding in a Series B round led Venrock, with a sizeable contribution by existing investor (and lead of their 2018 round) Andreessen Horowitz. The funding will be used to help the company launch its first commercial satellites, which will be the bedrock of [...]
Darrell Etherington
August 26, 2019
TechCrunch
Y Combinator-backed startup Astranis is now set to launch its first commercial telecommunication satellite aboard a Falcon 9 rocket, with a launch time frame currently set for sometime starting in the fourth quarter of next year. Astranis aims to address the market of people who don't currently have broadband internet access, which is still a [...]

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.