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Atmrix

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Atmrix

About

YC

Y Combinator Cast

10/31/24

@ Y Combinator

Astranis began as a small startup in a downtown San Francisco apartment, demonstrating that you don't need billions to start a hard tech company.

Video

YC

You Don’t Have To Be A Billionaire To Launch Satellites

@ Y Combinator

You Don’t Have To Be A Billionaire To Launch Satellites

10/31/24

Related Takeaways

YC

Y Combinator Cast

10/31/24

@ Y Combinator

The misconception that you need to be a billionaire or raise tons of money to start a hard tech company is false; companies like Astranis prove that it's possible to start with limited resources.

YC

Y Combinator Cast

04/12/24

@ Y Combinator

Astranis, a Y Combinator startup, revolutionized satellite technology by building smaller, cheaper satellites instead of a few large ones, similar to how commodity servers replaced mainframes.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

Despite the high costs associated with space, Astranis managed to build their spacecraft in a small apartment using basic infrastructure, showcasing that significant resources aren't always necessary.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

In 2016, Y Combinator funded three aerospace companies, including Astranis, which have since become billion-dollar companies, showing that it's possible to succeed without a billionaire founder.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

After eight years, Astranis has grown to over 400 employees and is now operating from a historic building at Pier 70, which is becoming a tech hub.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

Astranis set ambitious goals during their Y Combinator batch to ensure they could attract investor attention, knowing they needed to demonstrate significant progress to secure funding.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

Astranis built their first prototype satellite quickly and successfully showcased it at demo day, which became a key example for new founders on what can be achieved in three months with ambition and hard work.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

Astranis launched their first commercial satellite into space, marking a significant breakthrough for the aerospace industry with their smaller, low-cost telecom satellites.

YC

Y Combinator Cast

10/31/24

@ Y Combinator

Astranis demonstrated that their project is not just a science experiment but a viable business that can be profitable, addressing investor concerns effectively during their pitch.