TechBloomberg1h ago
CesiumAstro, which plans a 737-satellite LEO communications network
CesiumAstro, which plans a 737-satellite LEO communications network at two altitudes, raised $730M at a $4.5B+ valuation, bringing its total funding to $1.4B
TL;DRSatellite startup CesiumAstro raised $730M to build a 737-satellite internet network.
Why it matters: Another well-funded competitor entering the crowded LEO broadband market alongside Starlink and Amazon.
CesiumAstro raised $730 million in its latest funding round, a cash infusion the Austin-based satellite manufacturer will use …
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