AscendArc logo

United States development

AscendArc

AscendArc, founded in 2023 and based in Portland, United States, is a satellite manufacturing company focused on designing and producing low-cost small geostationary (GEO) satellites.

Headquarters
Portland, United States
Founded
2023
Type
commercial
ascendarc.com
Founded
2023
Headquarters
Portland, United States
Stage
Seed
Ownership
Private
Last round
Pre-seed · $505K 2025-01
Quick Facts
Country
United States
Founded
2023
Type
commercial
Status
development

About AscendArc

Updated 2026-09-19

AscendArc, founded in 2023 and based in Portland, United States, is a satellite manufacturing company focused on designing and producing low-cost small geostationary (GEO) satellites. The company aims to disrupt the traditional GEO market by applying scalable manufacturing techniques – similar to those used in the low Earth orbit (LEO) sector – to high-performance GEO satellite production. This approach targets reducing costs, accelerating deployment times, and increasing accessibility to GEO capabilities for a wider range of commercial and military applications.

AscendArc’s satellites are characterized as highly reconfigurable, maneuverable, and software-defined, suggesting a focus on adaptable and modern satellite technology. The company highlights its ability to deliver high bandwidth at a significantly lower cost compared to traditionally manufactured GEO satellites. This positions AscendArc as a potential solution for organizations seeking more affordable and rapidly deployable GEO connectivity.

Recent news indicates growing industry interest in AscendArc’s technology. In December 2025, the company secured backing from SLI and announced a purchase agreement with Space Leasing International for two GEO satellites, with Eutelsat securing a MENA video core. These developments suggest early market validation and a growing customer base.

AscendArc’s unique value proposition lies in its ability to offer a more economical and agile alternative to conventional GEO satellite solutions, potentially opening up new opportunities for secure, resilient connectivity and expanding access to GEO capabilities for a broader range of users.

Funding history

3 events
DateRoundAmountInvestorsSource
2025-01-29Pre-seed$505K— Pre-seed round, announced alongside the seed roundpayloadspace.com
2025-01-29Seed$3.45M— Seed round, announced alongside the pre-seed roundpayloadspace.com
2023-11-17Undisclosed round$2.0M— Form D filed 2023-12-01 by AscendArc, Inc.: $2.0M sold of a $3.3M offering (first sale 2023-11-17).sec.gov

Signals

Verification
Verified 2026-09-19

Location

Loading map...

Click and drag to explore • Double-click to zoom

Share

Suggest an Edit

Is this information outdated or incorrect? Help us improve this profile.

Submit Correction

Explore more

Search the full directory

Browse all companies

Frequently asked about AscendArc

Quick answers to the questions readers most often search for.

When was AscendArc founded?
AscendArc was founded in 2023 in United States.
Where is AscendArc headquartered?
AscendArc is headquartered in Portland, United States.
What does AscendArc do?
AscendArc, founded in 2023 and based in Portland, United States, is a satellite manufacturing company focused on designing and producing low-cost small geostationary (GEO) satellites. The company aims to disrupt the traditional GEO market by applying scalable manufacturing techniques – similar to those used in the low …
Is AscendArc a public or private company?
AscendArc is a privately held company and is not listed on any stock exchange.
What sector does AscendArc operate in?
AscendArc works in satellite manufacturing, Satellites and Satellite communications, plus 2 other space-industry sectors.

Data Accuracy Notice: Information about AscendArc is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.

Matched to SEC EDGAR · data pass September 19, 2026
Editorial owner: Dr. Donovan, Editor-in-Chief Company representatives may submit corrections This page does not constitute an endorsement or affiliation Learn about our data methodology