Astranis Raise $250 Million Series C Financing Round

Astranis engineers load their small communications satellite into a thermal-vacuum shroud. (Credit: Astranis)

SAN FRANCISCO (Astranis PR)–Astranis, the company building the next generation of telecommunication satellites, today announced a $250 million Series C financing round, valuing the company at $1.4 billion.

(more…)

Varda Space Raises $9 Million Seed Round for Space Manufacturing

Varda Space Industries has raised $9 million in a seed round to advance its goal of manufacturing products in space.

Varda said that Founders Fund and Lux Capital were the co-leads on the round. Other participants in the round included Also Capital, Fifty Years, Raymond Tonsing, Justin Mateen, and Naval.

Founders Fund partner Trae Stephens and Lux Capital managing partner Josh Wolfe joined the Varda Space board of directions as part of the raise.

(more…)