# AeroSat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aerosat

- Industry: Marketing/Advertising
- Headquarters: Amherst, US
- Website: www.aerosat.com
- Total disclosed funding: $45M
- Latest round: Series C (Jul 28, 2008)
- Investors on record: 6

## About

AeroSat Corp. specializes in providing innovative satellite communication solutions for aviation and aerospace industries, enhancing connectivity and operational efficiency for clients worldwide.AeroSat Corp. was founded in 1997 in Amherst, US, focusing on satellite communication solutions. In October 2013, the company was acquired by Astronics for USD 12 mn. The firm has completed three deals to date.The company specializes in offering innovative solutions designed to address specific market needs through its core product offerings. Their flagship products include advanced software platforms that streamline operational processes for businesses across various sectors, enhancing efficiency and productivity. These offerings have been strategically developed to cater to a diverse clientele, including mid to large-sized enterprises in industries such as finance, healthcare, and logistics. The products serve end users by providing intuitive interfaces that simplify complex tasks, thus enabling better decision-making and resource management. Geographically, the company's products are marketed in North America, Europe, and select regions in Asia, reflecting a robust global strategy aimed at penetrating key economic centers.The revenue model of the company is structured around a subscription-based framework, which allows clients to access their core software solutions for a recurring fee. This model facilitates continuous engagement with customers, as they receive regular updates and support as part of their subscription. Transactions typically occur directly between the company and its clients, ensuring a streamlined process for onboarding and service delivery. The pricing plans are designed to accommodate various business sizes, with tiered levels that provide flexibility based on the features and scale of usage required. Apart from subscription fees, the company may also generate revenue through exclusive partnership agreements with key industry players, thereby reinforcing its market presence and enhancing service capabilities.With the recent acquisition by Astronics, AeroSat Corp. is positioned to expand its product offerings and enhance its market reach. The company is focusing on developing new satellite communication products expected to launch within the next two years. Additionally, AeroSat aims to penetrate emerging markets in Asia and Africa by 2025, utilizing the USD 12 mn from the acquisition to support these initiatives.

## Funding rounds

- Series C, Jul 28, 2008, $14M — CAI Capital Partners, PAR Capital Management, AE Industrial Partners
- Series B, Apr 5, 2006, $31M — North Atlantic Capital, CAI Capital Partners, Georgian, AE Industrial Partners, Citizen Capital

## Investors

- North Atlantic Capital (https://capitalatlas.ai/funds/north-atlantic-capital) — Series B
- CAI Capital Partners (https://capitalatlas.ai/funds/cai-capital-partners) — Series B, Series C
- Georgian — Series B
- AE Industrial Partners (https://capitalatlas.ai/funds/ae-industrial-partners) — Series B, Series C
- Citizen Capital (https://capitalatlas.ai/funds/citizen-capital) — Series B
- PAR Capital Management (https://capitalatlas.ai/funds/par-capital-management) — Series C