CesiumAstro raises $730M at over $4.5bn to build a 737-satellite network
Janus Henderson led the Series D. CesiumAstro’s chief executive told Bloomberg that governments want “sovereignty over their own constellation” rather than relying on a proprietary system like Starlink.
By TNW | Investors-funding
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CesiumAstro has raised $730M in a Series D round that values it at more than $4.5bn. The Austin-based maker of satellites and space communications systems announced the round on Thursday. It also unveiled Synchronicity, a planned network of 737 satellites with AI built in, for commercial, sovereign and defence customers.
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