Astranis Secures $200M to Advance Omega Satellite Program

The funding will support the launch of next-generation broadband satellites by 2026, enhancing global connectivity.

Astranis raised $200 million in a Series D round led by Andreessen Horowitz and Balyasny Asset Management.
The Omega satellites will offer five times the bandwidth capacity compared to previous models.
The company aims to launch its first Omega satellite in 2026 and plans to produce 24 satellites annually by 2025.
Astranis has raised over $750 million since its founding in 2015, focusing on cost-effective, small broadband satellites.
The new satellites will feature improved performance and a longer operational life, targeting over 100 operational satellites by 2030.