Tag: CesiumAstro
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CesiumAstro Raises $470 Million to Expand Satellite Manufacturing and Product Development
Aerospace startup CesiumAstro said on Monday it has raised $470 million to finance manufacturing expansion and product development as demand grows for components used in low-Earth orbit satellite constellations. More than half of the funding came from an equity round led by Trousdale Ventures, with participation from Airbus Ventures, the Development Bank of Japan, and…
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CesiumAstro Secures $200 Million in U.S. Government-Backed Financing for Defense Expansion
Space communications company CesiumAstro has secured $200 million in government-backed financing as it deepens its focus on national security and defense customers, the company said this week. The financing package was jointly provided by the Export-Import Bank of the United States (EXIM) and JPMorgan Chase. It includes $185 million in an EXIM-authorized debt facility and…