Skip to content
Back to all stories
TNW | Investors-funding

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

Excerpt shared by Lazyfounder

·Excerpt
CesiumAstro raises $730M at over $4.5bn to build a 737-satellite network
Image: CesiumAstro founder and CEO Shey Sabripour with a replica of the company’s Element satellite

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.

Asset manager…

Continue reading on TNW | Investors-funding ↗

Courtesy

This story was originally published by TNW | Investors-funding. All rights belong to the original publisher.

Read the original on thenextweb.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us