Astranis US$155m Trinity Capital delayed-draw credit facility, May 2026
New manufacturing capacity and growth for small GEO and high-orbit satellite production
Key terms
- Borrower or issuer
- Astranis
- Date
- 6 May 2026
- Type
- Bank facility
- Amount
- US$155m
Recorded terms
- Structure
- Delayed-draw credit facility of up to US$155m from Trinity Capital, arranged alongside the US$300m Series E
- Use of proceeds
- New manufacturing capacity and growth for small GEO and high-orbit satellite production
- Lenders and arrangers
- Trinity Capital
- Country
- United States
Parties
- Astranis borrower or issuer
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|---|---|---|---|
| 21 May 2026 | ICEYE €300m revolving credit facility (2026) | Bank facility | €300m |
| 3 Apr 2026 | Firefly Aerospace US$45m revolver upsize (to US$305m) | Bank facility | US$45m |
| 8 Jul 2026 | EIB €150m Space Lending Facility with Intesa Sanpaolo (with ESA) | Bank facility | €150m |
| 2 Mar 2026 | SpaceX US$20bn unsecured bridge loan refinancing X and xAI debt | Bank facility | US$20bn |
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More from Astranis
| Date | Financing | Type | Amount |
|---|---|---|---|
| 30 Sep 2026 | Astranis US$468m EXIM credit facility (Make More in America) | Export credit | US$468m |
M&A and investment involving Astranis
| Date | Deal | Type | Value |
|---|---|---|---|
| 6 May 2026 | Astranis US$300m Series E | Venture round | US$300m |
| 19 Mar 2021 | Astranis equity raise of US$281m | Venture round | US$280.8m |
| 22 Jan 2020 | Astranis equity raise of US$31m | Venture round | US$30.8m |
| 19 Jul 2019 | Astranis equity raise of US$42m | Venture round | US$41.7m |
| 29 Aug 2017 | Astranis equity raise of US$14m | Venture round | US$13.5m |
Sources
- Astranis: Astranis adds US$450m to meet surging demand for advanced high-orbit spacecraft astranis.com · 6 May 2026
- GovCon Wire: Astranis secures US$450m to expand satellite production for DoW programmes govconwire.com · 6 May 2026
About this record
Record last checked against its sources on .
Record ORB-2026-0029, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.