Loading...
Market
What will be the size of the next major funding round for Astranis by December 31, 2025?
3
Resolution / Starting Odds
Less than $100 million • 25%
$100 million - $199 million • 25%
$200 million - $299 million • 25%
$300 million or more • 25%
Official announcements from Astranis or financial news outlets
Story
Astranis Raises $200M in Series D Led by a16z to Fund Omega Program and 100 MicroGEO Satellites
Jul 24, 2024, 03:59 PM
Astranis has successfully raised $200 million in a Series D funding round led by a16z Growth Fund and co-led by BAM Elevate. This latest round brings the total capital raised by the San Francisco-based satellite developer to $750 million. The funding will fully finance the Omega satellite program, which aims to build and launch 100 MicroGEO satellites by 2030. Astranis, known for developing small broadband communications satellites, has also sold $1 billion in satellite services and secured over $16.5 million in US government contracts. The company has established a manufacturing facility in San Francisco and assembled a world class team of 350 experts. Since fiftyyears led the pre-seed round in 2016, Astranis has made significant strides, including the development of the Omega constellation. This milestone brings Astranis closer to its mission of providing affordable internet access to millions around the world.
View original story
Similar markets
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
Under $50 million • 25%
$50 million to $100 million • 25%
$100 million to $150 million • 25%
Over $150 million • 25%
Below $220 billion • 33%
$220 billion to $250 billion • 33%
Above $250 billion • 33%
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
More than $200 million • 25%
Below $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
Above $3 billion • 25%
Less than $200 million • 25%
$200 million to $400 million • 25%
$400 million to $600 million • 25%
More than $600 million • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
Above $300 million • 33%
Between $200 million and $300 million • 34%
Below $200 million • 33%
$400 billion • 25%
$450 billion • 25%
$500 billion • 25%
No Change • 25%
Less than $10M • 25%
$10M to $20M • 25%
$20M to $30M • 25%
More than $30M • 25%
$1 billion • 25%
$2 billion • 25%
$3 billion • 25%
$4 billion or more • 25%