All the funding deals in the satellite internet market
In our updated market reports, you will find everything you need
The satellite internet market is attracting funding for broadband constellations, satellite terminals, ground stations, and direct-to-device connectivity.
We conducted deep research and collected 20 satellite internet market funding deals announced between Q1 2024 and Q2 2026.
We refresh this page very often to include new satellite internet market fundraising deals.
Insights
- The 20 satellite internet market deals raised a combined $2.82 billion. However, the three largest rounds represented about 66% of the total funding.
- Shanghai Spacecom Satellite Technology completed the largest satellite internet market deal. The company raised $943 million to develop the SpaceSail broadband constellation.
- Satellite internet market funding slowed sharply in 2025. The disclosed total fell to about $139 million, compared with $1.37 billion in 2024.
- Satellite internet market funding recovered quickly in 2026. The five deals announced through Q2 2026 already represented more than $1.31 billion.
- Investors funded more than satellite constellations. Ground-station companies Skynopy, Northwood Space, and Apolink raised almost $55 million across four deals.
- Satellite terminal and communications hardware companies raised about $406 million. This total includes deals for CesiumAstro, ALL.SPACE, Starwaycomm, Sofant Technologies, and Farcast.
- Astranis, CesiumAstro, AST SpaceMobile, and Skynopy each completed multiple deals. Repeat funding suggests that investors are supporting companies as satellite internet networks move toward commercial scale.
- Direct-to-device satellite connectivity became an important satellite internet market segment. AST SpaceMobile and Skylo raised more than $740 million across the period.
Summary table of the funding deals for the satellite internet market since 2024
We define the satellite internet market as satellite-based broadband networks that deliver internet connectivity to homes, vehicles, enterprises, and remote areas.
It includes LEO Broadband Constellations, Satellite Terminals, Maritime Connectivity, Aviation Connectivity, Rural Broadband Services, and Enterprise Satellite Networks.
It excludes broader adjacent markets unless the product is built specifically for this use case.
We focused exclusively on pure players, defined as companies with at least 70–80% of their business directly tied to the satellite internet market.
Our analysis has been done at a global level with a minimum funding threshold of $300k.
If you want a longer-term view, we also have a study of how funding activity in the satellite internet market has changed over the years.
| Name | What they do | Amount in $ | Quarter | Source(s) |
|---|---|---|---|---|
| Astranis | Builds dedicated high-orbit satellites for broadband, government communications, and secure connectivity. | $300.0M | Q2 2026 | Business Wire |
| UNIVITY | Develops VLEO satellite infrastructure that helps telecom operators provide high-speed 5G internet. | $32.0M | Q2 2026 | Telecom Ramblings |
| Aalyria | Develops communications software and laser terminals for satellite, airborne, and terrestrial networks. | $100.0M | Q1 2026 | Business Wire |
| AST SpaceMobile | Builds a satellite network that connects directly to standard mobile phones. | $610.6M | Q1 2026 | Business Wire |
| CesiumAstro | Builds phased-array communications systems for satellites, aircraft, vehicles, and defense networks. | $270.0M | Q1 2026 | Business Wire |
| Starwaycomm | Develops LEO satellite terminals and communications systems for industrial and government customers. | $14.2M | Q4 2025 | Startup Researcher |
| Sofant Technologies | Develops low-power antenna technology for compact satellite communications terminals. | $7.85M | Q4 2025 | EMV Capital |
| Farcast | Develops flat-panel user terminals for enterprise LEO satellite broadband services. | $5.0M | Q4 2025 | Telesat |
| SpinLaunch / Meridian Space | Develops the Meridian Space LEO satellite broadband constellation. | $30.0M | Q3 2025 | SpinLaunch |
| Apolink | Builds a network that provides continuous communications links for LEO satellites. | $4.3M | Q3 2025 | TechCrunch |
| Skynopy | Provides shared ground stations for fast and reliable satellite data transfers. | $17.57M | Q2 2025 | Via Satellite |
| Northwood Space | Builds shared ground stations that connect satellites with operators and customers. | $30.0M | Q2 2025 | Via Satellite |
| Skylo | Provides direct-to-device satellite connectivity for phones, vehicles, and connected devices. | $30.0M | Q1 2025 | Skylo |
| Constellation Technologies & Operations | Develops a VLEO broadband constellation for telecom operators and their customers. | $10.1M | Q4 2024 | Aerospace Valley |
| ALL.SPACE | Builds terminals that connect to several satellite networks at the same time. | $44.0M | Q4 2024 | ALL.SPACE |
| Astranis | Builds small GEO satellites that provide dedicated broadband capacity to customers. | $200.0M | Q2 2024 | Astranis |
| Skynopy | Provides shared ground stations and software for LEO satellite operators. | $3.1M | Q2 2024 | Via Satellite |
| CesiumAstro | Develops phased-array payloads and terminals for satellite and airborne communications. | $65.0M | Q2 2024 | CesiumAstro |
| Shanghai Spacecom Satellite Technology / SpaceSail | Builds a large LEO satellite constellation for global broadband internet services. | $943.0M | Q1 2024 | Office of Space Commerce, Reuters |
| AST SpaceMobile | Builds a satellite broadband network that connects directly to ordinary mobile phones. | $100.0M | Q1 2024 | Business Wire |
Related blog posts
- Which companies are the most valued in the satellite internet market?
- Is fundraising strong in the satellite internet market right now?
- Which companies have raised the most funding in the satellite internet market?
- What are the latest fundraising trends in the satellite internet market?
