Space Insider’s Post

AscendArc has raised $4 million in funding and secured a $1.8 million U.S. Air Force contract to develop small, mass-produced geostationary satellites. The company claims its satellites offer a tenfold reduction in cost per megabit per second compared to traditional GEO satellites, making them a cost-effective alternative to fiber and microwave in rural areas. AscendArc is targeting both commercial and military markets, with its satellites designed to meet U.S. Department of Defense encryption, anti-jamming, and secure communication requirements. #SpaceFunding #Satellites #InsideSpace

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Tim Floerchinger

Veteran, CEO FloeConnect Solutions, Global Business Development, Innovator, Entrepreneur, Market leadership for Government Mobility in GEO, MEO and LEO network solutions.

2mo

Game changing technology!!!

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