AscendArc raised $4M in seed funding led by Seraphim Space to develop small GEO communication satellites.
AscendArc raised $4M in seed funding led by Seraphim Space to develop small GEO communication satellites.
01/29/25, 1:30 PM
Location
portlandMoney raised
$4 million
Industry
aerospace
Round Type
seed
Investors
Hunter Communications, Thermo, Portland Seed Fund, Everywhere Ventures, Seraphim Space
AscendArc has emerged from stealth with $4M in funding to develop small GEO communication satellites. The Portland, OR-based startup aims to provide cost-efficient satellite solutions using smaller GEO satellites.
Company Info
Location
7324 sw 32nd ave
portland, oregon, united states
Additional Info
AscendArc is fundamentally changing the economics of the satellite communications industry by designing and manufacturing low incremental cost, rapidly deployed, high bandwidth, volume produced, small geostationary satellites.