Astranis Space Technologies has raised $13.5M in a Series A round, with backing from Andreessen Horowitz, Y Combinator, Refactor Capital, Fifty Years, and Indicator Fund. The satellite maker is known for its MicroGEO product, which it bills as the world’s lowest-cost satellite broadband, operating in geostationary orbit to serve small and medium-sized countries, Fortune 1000 companies, and other commercial customers.
The fresh capital comes as Astranis claims a $1 billion backlog for 12+ MicroGEO satellites slated to launch over the next two years. The company also holds contracts with Space Force, NASA, and other government partners, working across MEO and GEO for science, PNT, and communications missions. Astranis has raised $750 million to date from top global investors and employs over 400 engineers and builders, headquartered at Historic Pier 70 in San Francisco.


















