Astranis said it would use the new money to finish its first satellite, a broadband “MicroGEO” satellite that will deliver internet to Alaska.
Satellite operators want to participate in a newly proposed $20.4 billion rural broadband program, but say the U.S. Federal Communications Commission’s scoring criteria for signal lag puts them at a disadvantage.
Astranis, a startup designing small geostationary satellites for internet connectivity, has signed an Alaskan telecommunications provider as its first customer.
A startup developing small communications satellites will fund the launch of a student-built satellite selected through a competition.
Astranis, a startup developing geostationary satellites to offer broadband internet access, plans to equip its MicroGEO spacecraft with Bradford of the Netherland’s high performance green ECAPS thrusters.
Startup company Astranis has raised $18 million to provide broadband internet access from space using small satellites in geostationary orbit.