Astranis Space Technologies Corp. announced that it has received $455 million in funding from a group of investors

On May 6, 2026, Astranis Space Technologies Corp. closed the transaction. The company announced that it has raised $455,000,000 in a round of funding co-led by new investors Snowpoint Ventures Management, LLC, and Franklin Resources, Inc. The company has raised $300,000,000 in Series E funding, by issuing convertible preferred stock, and included participation from new investor Nimble Partners, returning investors, Andreessen Horowitz LLC, funds and accounts managed by affiliates of BlackRock, Inc., Baillie Gifford & Co., Fidelity Management & Research Company LLC, BAM Elevate Manager, LLC, Friends & Family Capital Management, LLC, along with other existing and new investors.

The company has also raised $155,000,000 of additional capital in the form of delayed-draw credit facility from returning lender Trinity Capital Inc. The company has raised more than $1,200,000,000 in funding till date. The company has raised money at a post-money valuation of $2,800,000,000.