Astranis selected SpaceX to launch its 1st commercial satellite by TheAlexKnapp
Astranis, the San Francisco-based satellite internet startup backed by Andreessen Horowitz, Y Combinator and other Silicon Valley venture capitalists, announced Monday that SpaceX will launch the company’s first commercial satellite in the fourth quarter of 2020. The satellite will exclusively service the“It’s a major milestone for the company,” says Astranis CEO and cofounder John Gedmark.
Astranis splits the difference - taking advantage of advances in technology to build a satellite that’s smaller and hundreds of millions of dollars less expensive - while putting those satellites in geosynchronous orbit to help provide connectivity where it’s currently lacking. Once operational, Astranis’ satellite will provide over 7.5 Gbps of bandwidth capacity for Pacific Dataport, which will provide “tens of millions of dollars” in revenue for Astranis over the lifetime of the satellite, according to Gedmark. It will also be a benefit for Alaskans, where an estimated 20% of the population currently has no access to broadband internet.
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