Google spinout Aalyria valued at $1.3 billion as investors pour into space-based communications [CNBC]
Telesat Corporation (TSAT)
Company Research
Source: CNBC
Key Points The financing values the startup at $1.3 billion. The deal lands as U.S. government spending on national security satellites and other defense tech is on the rise, particularly as the Trump administration seeks to outpace China. Aalyria CTO and founder Brian Barritt Courtesy Aalyria In 2022, Google spun out a project focused on high-speed communications networks into a startup called Aalyria. Less than four years later, Aalyria is being valued by investors at $1.3 billion in a new funding round, reflecting soaring demand for reliable, speedy telecommunications. Aalyria's software helps networks deliver better service across land, at sea and in space. Its $100 million in fresh funding lands as the U.S. government bolsters its spending on defense technology and national security satellites, and as the Trump administration seeks to outpace China. SpaceX's Starlink has been snapping up government contracts, and gaining popularity with consumers, especially in are
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- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSATPR Newswire
TSAT
Sec Filings
- 2/17/26 - Form SCHEDULE
- 1/22/26 - Form 6-K
- 12/9/25 - Form 6-K
- TSAT's page on the SEC website