Astranis Stock

astranis.comTechnology Hardware / Communications equipmentFounded: 2016Funding to Date: $644.8MM

Astranis is a space technology company that develops and deploys geostationary satellites for telecommunications. The company's satellites are designed to provide broadband internet access to people in remote locations who may otherwise be unable to access internet services. Astranis was founded in 2015 and is headquartered in San Francisco, CA. Astranis strives to differentiate itself by designing its spacecraft to orbit further from Earth with the goal of keeping them more secure and providing more consistent coverage than traditional satellite companies.

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Private Market Pricing DetailsValuation & Financings

Astranis Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Astranis Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/24/2024 Series D $201.5MM $xx.xx $987.21MM Andreessen Horowitz, BAM Elevate, Blackrock, Fidelity, Baillie Gifford, Uncorrelated Ventures, Refactor, Metaplanet, Haystack, Garage Capital
Price per Share
$xx.xx
Shares Outstanding
21,568,333
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, BAM Elevate, Blackrock, Fidelity, Baillie Gifford, Uncorrelated Ventures, Refactor, Metaplanet, Haystack, Garage Capital
04/17/2023 Series C Prime-2 $10MM $xx.xx $1.66B Andreessen Horowitz
Price per Share
$xx.xx
Shares Outstanding
506,872
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz
04/17/2023 Series C Prime-1 $999,998 $xx.xx $1.66B Andreessen Horowitz
Price per Share
$xx.xx
Shares Outstanding
57,023
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz
04/17/2023 Series C Prime $90MM $xx.xx $1.66B Andreessen Horowitz
Price per Share
$xx.xx
Shares Outstanding
4,105,655
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz
04/14/2021 Series C-4 $499,995 $xx.xx $1.4B BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
Price per Share
$xx.xx
Shares Outstanding
47,399
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
04/14/2021 Series C-3 $10.75MM $xx.xx $1.4B BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
Price per Share
$xx.xx
Shares Outstanding
1,020,103
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
04/14/2021 Series C-2 $17.47MM $xx.xx $1.4B BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
Price per Share
$xx.xx
Shares Outstanding
5,329,080
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
04/14/2021 Series C-1 $2.6MM $xx.xx $1.4B BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
Price per Share
$xx.xx
Shares Outstanding
821,463
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
04/14/2021 Series C $250MM $xx.xx $1.4B BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
Price per Share
$xx.xx
Shares Outstanding
11,404,617
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Baillie Gifford, Fidelity, Koch Strategic Platforms, Andreessen Horowitz, Venrock
02/13/2020 Series B-1 $6.27MM $xx.xx $121.77MM Venrock, Andreessen Horowitz, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
2,328,202
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Andreessen Horowitz, Y Combinator
02/13/2020 Series B $36.66MM $xx.xx $112.4MM Venrock, Andreessen Horowitz, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
12,243,191
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Andreessen Horowitz, Y Combinator
03/01/2018 Series A $17.84MM $xx.xx $36.51MM Andreessen Horowitz, Y Combinator, 50 Years, Refractor
Price per Share
$xx.xx
Shares Outstanding
9,602,726
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Y Combinator, 50 Years, Refractor
04/22/2016 Series SAFE-2 $99,999 $xx.xx $762,119 Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
97,411
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
04/22/2016 Series SAFE-1 $99,999 $xx.xx $762,119 Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
125,307
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors

Astranis investors also invested in these private companies

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Cantos Ventures
Fanjul Capital
Team Global

Leadership & Board

Leadership

John Gedmark
Co-Founder & Chief Executive Officer
Ryan McLinko
Co-Founder & Chief Technology Officer
Doug Abts
Chief Commercial Officer
Miki Heller
Vice President of Business Operations and Strategy

Board

Ethan Batraski
Venrock

Astranis stock FAQs

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Can you buy Astranis stock?

As Astranis is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Astranis, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Astranis stock?

To invest in a private company like Astranis through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Astranis stock?

Yes, you may sell the Astranis stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Astranis stock?

If you hold private company shares of Astranis – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Astranis on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Astranis a public company?

No, Astranis is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Astranis’ stock price?

Astranis is a privately held company and therefore does not have a public stock price. However, you may access Astranis private market stock price with Forge Data.
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What is Astranis’ stock ticker symbol?

Astranis does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Astranis’ news and media highlights

In a series D funding round led by Andreessen Horowitz’s Growth Fund, Astranis raised $200 million.
Astranis, a company aiming to provide internet connectivity from geostationary space, has experienced a setback with its Arcturus satellite due to a power supply issue. The company has identified the problem and plans to fix it for future spacecraft. The mission to provide internet connectivity in Alaska will be delayed, but Astranis is working on a backup plan involving a multipurpose satellite called UtilitySat.
Astranis, a San Francisco-based satellite internet company, has signed a deal to provide dedicated service to the Philippines, marking a first for the country. The company plans to connect up to 2 million people to broadband internet, with a focus on hospitals, schools, and other enterprises. The satellite providing this service is set to launch in 2024.
Astranis' debut satellite has successfully reached geostationary orbit over Alaska and completed a key payload test. The Arcturus satellite, which was launched as a secondary payload to the ViaSat-3 spacecraft, has connected to a gateway in Utah and beamed its first signals to remote user terminals in Alaska. The satellite is expected to be put into service for Pacific Dataport Inc. by mid-June. Astranis has also secured capacity deals for nine other satellites set for deployment over the next two years.
Updated on: Oct 27, 2024

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