Astranis
Astranis is a Satellite Comms & Direct-to-Device company founded in 2015 and based in San Francisco, United States. It has raised $1.2B in total funding, most recently a Series E in 2026.
Founded in 2015 by John Gedmark and Ryan McLinko, Astranis designs and operates MicroGEO satellites that weigh roughly 400 kg, about one-twentieth the size of a conventional geostationary spacecraft, sharply lowering manufacturing and launch costs. Each dedicated satellite delivers broadband capacity to a specific region or customer. In May 2026 the San Francisco company announced a $300 million Series E co-led by Snowpoint Ventures and Franklin Templeton, with participation from Andreessen Horowitz, BlackRock, Baillie Gifford, and Fidelity, plus a $155 million credit facility from Trinity Capital, bringing total capital raised to more than $1.2 billion. Astranis is also partnering on satellite designs for the US Space Force's Resilient GPS program.
Its small-satellite GEO model offers a lower-cost path to dedicated regional broadband than the giant traditional geostationary platforms.
astranis.com ↗·Satellite Comms & Direct-to-Device·
United States·private 
