Astranis is building low cost telecom satellites. Satellite communications is a $120bn per year market that’s increasing rapidly as the world’s hunger for bandwidth continues to grow. By using small satellites, innovative manufacturing, and lower cost off the shelf components, Astranis is poised to reduce the cost of satellite bandwidth by a factor of 10. Soma invested in the seed round. Astranis recently closed a $14m Series A led by Andreessen-Horowitz

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