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

ABL 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)
HeadquartersEl Segundo, California, United States
Year Founded2017
FoundersDaniel Piemont, Harry O'Hanley
Funding Amount$479M
Company SizeLarge Team (251-1,000)
Last Funding StatusUndisclosed
Top InvestorsLeonid 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)
HeadquartersBeijing, Beijing, China
Year Founded2016
FoundersXu Ming
Funding Amount$14.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsSource 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
HeadquartersSan Francisco, California, United States
Year Founded2017
FoundersAlex Greenberg, Antoine de Chassy, Pierre-Damien Vaujour
Funding Amount$326.2M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsAlumni 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
HeadquartersSan Francisco, California, United States
Year Founded2015
FoundersJohn Gedmark, Ryan McLinko
Funding Amount$753.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsBoxGroup, 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
HeadquartersWinchester, Hampshire, United Kingdom
Year Founded2005
Founders—
Funding Amount£459.3M
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsCPP 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
HeadquartersShanghai, Shanghai, China
Year Founded2018
Founders—
Funding AmountCN¥6.7B
Company SizeNo Data
Last Funding StatusSeries A
Top InvestorsCAS Investment Management, China Development Bank, CAS Star, Hengxu Capital, Guotai Junan Securities