Astranis to bring satellite internet to 2 million people in the Philippines next year

Astranis to bring satellite internet to 2 million people in the Philippines next year

Credit Cards





Credit Monitoring

Personal Finance

Small Business


Help for Low Credit Scores



All Credit Cards

Find the Credit Card for You

Best Credit Cards

Best Rewards Credit Cards

Best Travel Credit Cards

Best 0% APR Credit Cards

Best Balance Transfer Credit Cards

Best Cash Back Credit Cards

Best Credit Card Welcome Bonuses

Best Credit Cards to Build Credit


All Loans

Find the Best Personal Loan for You

Best Personal Loans

Best Debt Consolidation Loans

Best Loans to Refinance Credit Card Debt

Best Loans with Fast Funding

Best Small Personal Loans

Best Large Personal Loans

Best Personal Loans to Apply Online

Best Student Loan Refinance


All Banking

Find the Savings Account for You

Best High Yield Savings Accounts

Best Big Bank Savings Accounts

Best Big Bank Checking Accounts

Best No Fee Checking Accounts

No Overdraft Fee Checking Accounts

Best Checking Account Bonuses

Best Money Market Accounts

Best CDs

Best Credit Unions


All Mortgages

Best Mortgages

Best Mortgages for Small Down Payment

Best Mortgages for No Down Payment

Best Mortgages with No Origination Fee

Best Mortgages for Average Credit Score

Adjustable Rate Mortgages

Affording a Mortgage


All Insurance

Best Life Insurance

Best Homeowners Insurance

Best Renters Insurance

Best Car Insurance

Travel Insurance


All Credit Monitoring

Best Credit Monitoring Services

Best Identity Theft Protection

How to Boost Your Credit Score

Credit Repair Services


All Personal Finance

Best Budgeting Apps

Best Expense Tracker Apps

Best Money Transfer Apps

Best Resale Apps and Sites

Buy Now Pay Later (BNPL) Apps

Best Debt Relief


All Small Business

Best Small Business Savings Accounts

Best Small Business Checking Accounts

Best Credit Cards for Small Business

Best Small Business Loans

Best Tax Software for Small Business


All Taxes

Best Tax Software

Best Tax Software for Small Businesses

Tax Refunds


All Help for Low Credit Scores

Best Credit Cards for Bad Credit

Best Personal Loans for Bad Credit

Best Debt Consolidation Loans for Bad Credit

Personal Loans if You Don't Have Credit

Best Credit Cards for Building Credit

Personal Loans for 580 Credit Score or Lower

Personal Loans for 670 Credit Score or Lower

Best Mortgages for Bad Credit

Best Hardship Loans

How to Boost Your Credit Score


All Investing

Best IRA Accounts

Best Roth IRA Accounts

Best Investing Apps

Best Free Stock Trading Platforms

Best Robo-Advisors

Index Funds

Mutual Funds



Astranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, recently signed a deal to provide dedicated service to the Philippines, a first for the archipelago nation.

They are going to use this capacity to connect hospitals, schools and other enterprises, as well as set up community Wi-Fi centers, Astranis CEO John Gedmark told CNBC.

We estimate that we will get up to 2 million people connected, having access to this broadband internet that they didn't have before, Gedmark added.

The satellite that will provide service to the Philippines is scheduled to launch in 2024. It represents the latest exercise in Astranis' campaign to bring service to underserved communities around the world, with its first small satellite dedicated to bringing service to hundreds of thousands of people in Alaska, and another upcoming satellite that's expected to bring service to 3 million people in Peru.

Astranis will own and operate the satellite, with services provider Orbits Corp. buying capacity through a long-term contract for a local Philippine internet service provider, HTechCorp. Astranis declined to specify financial details of the contract, but Gedmark emphasized the service comes at a very low cost.

The Philippines has a population of more than 100 million people, spread across more than 7,000 often-mountainous islands. That makes broadband service one of their biggest problems to date, Gedmark said.

Astranis pointed to a recent third-party study that estimated bringing broadband access to the Philippines, also known as closing the digital divide, would create economic value in the country of over $100 billion by the end of this decade.

Sign up here to receive weekly editions of CNBC's Investing in Space newsletter.

Astranis launched its first satellite in May. Its currently preparing to launch two more batches of satellites – which Astranis calls Block 2 and Block 3. Block 2 is launching in the fourth quarter and will feature four satellites, one of of which is for Peru, and Block 3 is launching in mid-2024 and will feature five satellites, one of which is for the Philippines.

The company is one of a number of next-generation broadband satellite systems in development, as companies race to meet a growing global demand for data — including SpaceX's Starlink, British-owned OneWeb, Amazon's Project Kuiper, AST SpaceMobile and others.

But the company's approach marks a unique way of providing broadband service from space, Gedmark has previously said. The company's dishwasher-sized satellite combines the small form factor of satellites such as Starlink in low Earth orbit with the distant, geosynchronous orbit of traditional players such as Viasat.

Geosynchronous orbit, or GEO, is about 22,000 miles away from the planet's surface — a position that allows the spacecraft to stay above a fixed location, matching the Earth's rotation.

Astranis will be able to cover the entire Philippines with this one satellite, Gedmark noted.

Got a confidential news tip? We want to hear from you.

Sign up for free newsletters and get more CNBC delivered to your inbox

Get this delivered to your inbox, and more info about our products and services.

© 2023 CNBC LLC. All Rights Reserved. A Division of NBCUniversal

Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Data also provided by