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Funding Round Puts Astranis Closer to MicroGEO Constellation, CEO Says

Astranis is "one step closer" to launching 100 small geostationary orbit satellites by 2030 after having raised $200 million in its latest round of funding, CEO John Gedmark posted Wednesday on X. He said 10 of its communications satellites will…

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be orbited within the next 18 months. Astranis has raised $750 million, the company said.