Astranis, which is developing small, low-cost satellites to provide broadband internet, raises $250M Series C at a $1.4B valuation led by BlackRock (Michael Sheetz/CNBC)

Michael Sheetz / CNBC:
Astranis, which is developing small, low-cost satellites to provide broadband internet, raises $250M Series C at a $1.4B valuation led by BlackRock  —  - Astranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, closed new funding to ramp up production.