# CesiumAstro raises $730 million to build satellite communications network

_Published Thursday, November 5, 2026 at 6:08 PM EST · Capital, Infrastructure · Latest · Tier 2 — Notable_

CesiumAstro raised $730 million in its latest funding round, Bloomberg reported. The Austin-based satellite manufacturer will use the funding to build a satellite communications network serving businesses and governments, expanding its work from manufacturing satellites into building the network.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-05/texas-satellite-maker-raises-730-million-to-launch-new-network)

---
Canonical: https://techandbusiness.org/newswire/yKk-cndUMZSTg8MNe9rNIs
Published: 2026-11-05T23:08:24.166Z
Story chronology: 2026-11-05T21:00:00.000Z
Retrieved: 2026-11-06T22:48:23.289Z
Publisher: Tech & Business (techandbusiness.org)