Funding Round Puts Astranis Closer to MicroGEO Constellation, CEO Says

Astranis is "one step closer" to launching 100 small geostationary orbit satellites by 2030 after having raised $200 million in its latest round of funding, CEO John Gedmark posted Wednesday on X. He said 10 of its communications satellites will be orbited within the next 18 months. Astranis has raised $750 million, the company said.