Astranis
Summary active Updated May 7, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Astranis is a San Francisco-based satellite communications company founded in 2015 that designs, manufactures, and operates small geostationary (GEO) satellites for commercial customers and U.S. government programs 1. CEO and co-founder John Gedmark leads the company 1. On May 6, 2026, Astranis announced a $300M Series E co-led by Snowpoint Ventures and Franklin Templeton at a $2.8B valuation, alongside a delayed-draw credit facility of up to $155M from Trinity Capital 23. Total capital raised across the company’s history exceeds $1.2B 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-06 | Series E | $300M | Snowpoint Ventures, Franklin Templeton | Andreessen Horowitz, BlackRock, Baillie Gifford, Fidelity Management & Research Company, BAM Elevate, Nimble Partners, Friends & Family Capital 123 |
What Investors Say
No independently sourced investor quotes found.
What Founders Say
“The world is more contested and volatile than it once was. Sovereign, secure communications infrastructure is more critical than ever.” — John Gedmark, CEO and co-founder, Astranis 1
Sources
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Via Satellite, “Astranis Raises $300M in Series E and Additional Access to Capital,” May 6, 2026. https://www.satellitetoday.com/finance/2026/05/06/astranis-raises-300m-in-series-e-and-additional-access-to-capital/↩↩↩↩
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Payload, “Astranis Raises $450M+, Including $300M Series E,” May 6, 2026. https://payloadspace.com/astranis-raises-300m-series-e/↩↩↩
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SpaceNews, “Astranis secures $450 million in equity, debt to expand small GEO satellite production,” May 2026. https://spacenews.com/astranis-secures-450-million-in-equity-debt-to-expand-small-geo-satellite-production/↩↩