San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Astranis Space Technologies is raising $42,089,409.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, John Gedmark played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Astranis Space Technologies

Astranis is building small, low-cost telecommunications satellites. Our mission is to help get online the 4 billion people who are without internet access. Building next-generation internet satellites to get the world online. Astranis improves access to internet connectivity by making smaller and more powerful satellites at a fraction of the cost. This approach allows us to build our satellites in 12-18 months, about five times faster than our competitors.

To learn more about Astranis Space Technologies, visit http://www.astranis.com/

Contact:
John Gedmark, Chief Executive Officer
415-854-0586
john@astranis.com
https://www.linkedin.com/in/johngedmark/

SOURCE: http://www.intelligence360.io
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