The satellite communication industry features several top startups. ABL Space Systems, a builder of satellite launch rockets, leads the group with a $2.4 billion valuation.
The field includes companies from the United States, China, and the United Kingdom. Astranis has secured over $753 million in funding to build its satellites, while China's GalaxySpace is valued at $2 billion.
Below is the full list of 6 Satellite Communication unicorn startups at this time.
Top 6 Most Valuable Satellite Communication Unicorns
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50ABL Space Systems develops rockets and launch systems to deploy satellites for commercial and government customers. Their system, which includes the RS1 launch vehicle and GS0 ground system, is engineered for rapid deployment to provide responsive launch capabilities.
| Valuation | $2.4B (Joined March 2021) |
| Headquarters | El Segundo, California, United States |
| Year Founded | 2017 |
| Founders | Daniel Piemont, Harry O'Hanley |
| Funding Amount | $479M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | Leonid Capital Partners, Fidelity, Venrock, Lockheed Martin Ventures, T. Rowe Price |
GalaxySpace builds and operates a low-Earth orbit satellite constellation to provide global 5G communication services. They achieve this by mass-producing their own low-cost, high-performance micro-satellites.
| Valuation | $2B (Joined November 2020) |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2016 |
| Founders | Xu Ming |
| Funding Amount | $14.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Source Code Capital, Gaorong Capital, 5Y Capital, Legend Capital, IDG Capital |
Loft Orbital leases space on shared satellites, giving organizations a faster way to deploy sensors and collect data from orbit. They manage the entire space mission from launch to operations, effectively offering space infrastructure as a service.
| Valuation | $1B |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2017 |
| Founders | Alex Greenberg, Antoine de Chassy, Pierre-Damien Vaujour |
| Funding Amount | $326.2M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Alumni Ventures, Temasek Holdings, BlackRock, Bpifrance, Foundation Capital |
Astranis builds and operates small satellites in geostationary orbit to provide dedicated, high-speed internet access. Their technology is designed to connect the four billion people currently without reliable online service.
| Valuation | $1B |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | John Gedmark, Ryan McLinko |
| Funding Amount | $753.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | BoxGroup, BlackRock, Andreessen Horowitz, Y Combinator, Lux Capital |
Arqiva provides the critical infrastructure that powers television, radio, and mobile communications. They manage a vast network of transmitters and satellite links to deliver media services and data connectivity for their clients.
| Valuation | $1B |
| Headquarters | Winchester, Hampshire, United Kingdom |
| Year Founded | 2005 |
| Founders | — |
| Funding Amount | £459.3M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | CPP Investments, Digital 9 Infrastructure |
Yuanxin Satellite operates a low-orbit satellite network designed to provide broadband multimedia services. They focus on the operational services for this satellite constellation, providing critical telecommunications infrastructure.
| Valuation | $1B |
| Headquarters | Shanghai, Shanghai, China |
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | CN¥6.7B |
| Company Size | No Data |
| Last Funding Status | Series A |
| Top Investors | CAS Investment Management, China Development Bank, CAS Star, Hengxu Capital, Guotai Junan Securities |