Andreessen Horowitz-Backed Satellite Company Prepares Its First Launch
This article is for subscribers only.
In the middle of the night last week, geostationary satellite startup Astranis Space Technology Corp. dispatched its first product from its San Francisco headquarters on a cross-country road trip to Cape Canaveral, Florida.
Astranis is one of the largest satellite startups in the US by valuation — $1.4 billion in its latest funding round — and is among a small number of players aiming to operate in the harsh conditions outside the earth’s atmosphere. It’s also the first company to be backed by VC firm Andreessen Horowitz in the growing private space industry.