Series A Round

Farcast, a California-based satcom startup, is developing next-generation user terminals to enable global access to satellite internet, unlocking global prosperity. The company aims to revolutionize connectivity by providing reliable satellite internet services to underserved regions. With a focus on innovation and accessibility, Farcast is positioned to transform the landscape of global internet connectivity. The investment from Lockheed Martin will help accelerate the development and deployment of their technology, enhancing connectivity solutions for remote areas. This funding round is part of Farcast's ongoing efforts to secure a total of $12.5 million in funding over multiple rounds, which will support their mission to bridge the digital divide globally.