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Top related persons:
Astranis - 2 John Gedmark - 2 Gedmark - 2 — - 1 Bilimoria - 1 Andreessen Horowitz — - 1 weren't - 1 Andreessen Horowitz - 1
Top related locs:
Alaska Northwest Indiana Intelsat's Americas Alaskans San Francisco Philippines Peru
Top related orgs:
CNBC - 2 Service - 1 University of Pennsylvania - 1 Business - 1 Microsoft - 1 Netflix - 1 Google - 1 Twitter - 1

Search resuls for: "Astranis"


5 mentions found


☆ Why investing solo lets Refactor Capital's Zal Bilimoria be a 'lifeline' for founders
  + stars: | 2024-05-06 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +4 min
Now 42, Bilimoria is the sole partner of Refactor Capital, the early-stage venture-capital firm he launched in 2016. Through Refactor Capital, Bilimoria has backed unicorn companies including the green-chemical manufacturer Solugen and the space startup Astranis. AdvertisementTwo years later, Lee stepped down as a general partner — making Bilimoria the firm's sole investor. Life as a solo partnerAs a solo partner, "all the successes and all the challenges are on my shoulders," Bilimoria said. Refactor Capital invests in about eight companies every year and is deploying capital out of its third fund.
Persons: —, Bilimoria, Andreessen Horowitz —, weren't, Andreessen Horowitz, David Lee, Lee Organizations: Service, University of Pennsylvania, Business, Microsoft, Netflix, Google, Twitter, Fund, SV Angel Locations: Northwest Indiana
☆ Investing in Space: A guide to satellites
  + stars: | 2023-08-17 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +6 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Last year I wrote about the key terms investors should know about the steps involved in a rocket launch, to give a guide for what phrases mean in context. A number of you found that launch guide helpful, so I'm back with another synthesized glossary – but this time for satellites! We've seen a couple of satellites going awry this summer, and I've gotten questions like: "Dang, I thought the launch was successful?" Processing: Mounting the satellite to the rocket and making sure the satellite is healthy, fueled up and ready for launch.
Persons: CNBC's Michael Sheetz, I've, it's Organizations: Manufacturers, Iridium Locations: Intelsat's, Americas
☆ Astranis internet satellite malfunctions before beginning Alaska service, backup planned for spring
  + stars: | 2023-07-21 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
Satellite internet service provider Astranis said Friday its first commercial satellite in orbit, which was intended to provide coverage to Alaska, has malfunctioned. The company's Arcturus satellite suffered an issue with both its solar arrays, the company said. On Monday the company identified the root cause, which was solar array drive assembly made by a vendor and not by Astranis. "Solar array drives are motors that rotate the solar arrays to make sure they're always pointed at the sun, and they go transmit that power back into the spacecraft. Gedmark confirmed on Friday that – until the solar array issue – the Astranis-built parts were working.
Persons: Astranis, It's, Arcturus, John Gedmark, Gedmark Organizations: CNBC Locations: Alaska, Alaskans
☆ Astranis to bring satellite internet to 2 million people in the Philippines next year
  + stars: | 2023-07-11 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +3 min
The satellite that will provide service to the Philippines is scheduled to launch in 2024. Astranis will own and operate the satellite, with services provider Orbits Corp. buying capacity through a long-term contract for a local Philippine internet service provider, HTechCorp. Its currently preparing to launch two more batches of satellites – which Astranis calls "Block 2" and "Block 3." But the company's approach marks a unique way of providing broadband service from space, Gedmark has previously said. Astranis will be able to "cover the entire Philippines with this one satellite," Gedmark noted.
Persons: John Gedmark, Gedmark, Astranis, SpaceX's Starlink Organizations: CNBC, Corp, Viasat, GEO Locations: San Francisco, Philippines, Alaska, Peru, Philippine, British
☆ Astranis says its first internet satellite is working 'perfectly' as company prepares to bring coverage to Alaska
  + stars: | 2023-05-24 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +4 min
The Arcturus satellite is seen en route to geosynchronous orbit. AstranisAstranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, has its first spacecraft in orbit, and the company on Wednesday said it's working "perfectly." Astranis has already completed tests with the satellite, including connecting to user equipment in its service target of Alaska for the first time. "This test validates everything that we've been working on and working towards and it's a huge, huge deal," Gedmark said. The Arcturus satellite is seen deploying its solar arrays in the background from onboard the upper stage of SpaceX's Falcon Heavy rocket.
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