Astranis US$300m Series E, May 2026
Astranis, which builds small geostationary and high-orbit satellites, raised US$300m of equity in a US$450m package with a delayed-draw credit facility, taking total capital raised past US$1.2bn.
- Company
- Astranis
- Type
- Venture round
- Status
- Completed
- Date
- 6 May 2026
- Value
- US$300m
- Value basis
- US$300m Series E, alongside an up to US$155m Trinity Capital credit facility
- Region
- US
- Segment
- Venture and growth equity
Parties
- Astranis issuer
- Snowpoint Ventures co-lead
- Franklin Templeton co-lead
Key terms
- Co-leads
- Snowpoint Ventures, Franklin Templeton
- Also investing
- Andreessen Horowitz, BlackRock-managed funds, Baillie Gifford, Fidelity Management & Research, BAM Elevate, Nimble Partners, Friends & Family Capital
- Debt alongside
- Up to US$155m delayed-draw facility from Trinity Capital
- Use of proceeds
- Satellite production, manufacturing capacity and US Government programmes of record
Sources
- Astranis: Astranis adds US$450m to meet surging demand for advanced high-orbit spacecraft astranis.com · 6 May 2026
Record last checked against its sources on .
Record ORB-INV-2026-0037. Investments are kept apart from the financings register and never counted in debt totals.