Astranis secures $468 million credit line to expand satellite manufacturing

Astranis has secured a $468 million credit line intended to scale the production of its advanced geostationary (GEO) satellites. The company will utilize these funds to increase manufacturing capacity at its California production facility.

This credit arrangement underscores the growing geopolitical and sovereign significance attached to the deployment of advanced geostationary satellite technology within the broader digital infrastructure landscape.

Source: Data Center Dynamics
Original article: https://www.datacenterdynamics.com/en/news/astranis-secures-468m-credit-line-to-ramp-geo-satellite-production-at-california-factory/

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