About AeroSat
AeroSat is a company based in Amherst (United States) founded in 1997. AeroSat has raised $55.92 million across 6 funding rounds from investors including Citizens Bank, North Atlantic Capital and PAR Capital Management. AeroSat operates in a competitive market with competitors including Inmarsat, Gogo, SmartSky Networks, Immfly and Netskrt, among others.
- Headquarter Amherst, United States
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Aerosat, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$55.92 M (USD)
in 6 rounds
-
Latest Funding Round
$811.95 K (USD), Series C
Jun 28, 2011
-
Investors
Citizens Bank
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of AeroSat
AeroSat has successfully raised a total of $55.92M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $811.95 thousand completed in June 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $811,947
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Series C - AeroSat | Valuation |
investors |
|
| May, 2009 | Amount | Series C - AeroSat | Valuation |
investors |
|
| May, 2008 | Amount | Series C - AeroSat | Valuation |
investors |
Investors in AeroSat
AeroSat has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Citizens Bank, North Atlantic Capital and PAR Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Private equity investments are managed for founder-owned Canadian businesses.
|
Founded Year | Domain | Location | |
|
Tech-focused Venture debt firm providing debt finacing in the US and Europe
|
Founded Year | Domain | Location |
Investments & Acquisitions by AeroSat
Financial Statements - AeroSat
Aerosat Comparisons
Competitors of AeroSat
AeroSat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Inmarsat, Gogo, SmartSky Networks, Immfly and Netskrt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Satellite-based communication services for data and voice are provided globally.
|
|
| domain | founded_year | HQ Location |
In-flight connectivity and entertainment solutions are provided for airlines.
|
|
| domain | founded_year | HQ Location |
LTE-based in-flight connectivity solutions are provided for aviation use.
|
|
| domain | founded_year | HQ Location |
Inflight platform offering media content and eCommerce to travellers during flights through their PEDs
|
|
| domain | founded_year | HQ Location |
Cloud and IOT enabled on-board connectivity solutions for transit operators
|
|
| domain | founded_year | HQ Location |
Provides entertainment systems tailored for in-flight experiences on airplanes.
|
Latest news on Aerosat
Frequently Asked Questions about AeroSat
AeroSat was founded in 1997.
AeroSat is headquartered in Amherst, United States. It is registered at Amherst, Massachusetts, United States.
Peter Gundermann is the current CEO of AeroSat.
AeroSat is a funded company, having raised a total of $55.92M across 6 funding rounds to date. The company's 1st funding round was a Series C of $14M, raised on Jun 01, 1997.
Founded in 1997 and based in Amherst, United States, AeroSat operates within the aerospace sector as a provider of satellite-based internet and data connectivity for commercial and military aircraft. Fuselage and tail-mounted VSAT systems are designed and manufactured by the company. In 2013, acquisition by Astronics occurred, integrating satellite broadband into its broader product offerings. Leadership is held by CEO and President Peter Gundermann.
AeroSat's top competitors include Inmarsat, Gogo and SmartSky Networks.
AeroSat has 6 investors. Key investors include Citizens Bank, North Atlantic Capital, PAR Capital Management, AE Industrial Partners, and CAI Capital Partners.