Starlink, founded in 2018 in Hawthorne, United States, develops satellite-based internet connectivity solutions. The company provides broadband internet to remote and inaccessible locations using a constellation of low-orbit satellites. Its technology includes flat-panel satellite designs, four-phased array antennas, single solar arrays, and ion propulsion systems.
What Is Starlink and What Does It Do?
Starlink, founded in 2018 in Hawthorne, United States, is a space technology company headquartered in Hawthorne. The company develops satellite-based internet connectivity solutions, providing high-speed broadband to remote and underserved areas.
Its constellation of low-orbit satellites features flat-panel designs, phased-array antennas, solar arrays, and ion propulsion systems to ensure global coverage and reliable connectivity.
With a workforce of 4 employees, Starlink leverages advanced satellite technologies to expand internet access worldwide, targeting both residential users and large-scale enterprise or government networks.
How Much Funding Has Starlink Raised?
*1. Conventional Debt* • Amount Raised: $730M
• Date: August 2021
• Lead Investors: Canadian Space Agency
• Motivation: To support satellite deployment, expand global coverage, and scale internet connectivity services.
Total Funding Raised: $730 Million
Current Valuation: $81 Billion (as of June 2021)
Latest Funding Date: August 2021
Key Investors
*1. Canadian Space Agency* • Details: The Canadian Space Agency is the national space agency of Canada, responsible for civil space programs and research initiatives.
• Investment Focus Areas: Space technology, satellite deployment, scientific research.
• Notable Investments: Starlink, Canadensys Aerospace Corporation, MDA Space Ltd, Blue Sky Spectroscopy Inc..
Where Is Starlink’s Headquarters?
Starlink is headquartered in Hawthorne, United States, providing access to aerospace talent, advanced manufacturing, and SpaceX facilities for satellite research, development, and deployment.
What’s Next for Starlink?
Starlink aims to continue expanding its satellite constellation, improving broadband coverage globally, and reducing latency. With its $81B valuation and backing from the Canadian Space Agency, the company plans to scale residential, enterprise, and government internet services while advancing satellite technology and enabling new space-based communications applications.
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