Astranis, which is creating small, low-cost satellites to supply broadband web, raises $250M Collection C at a $1.4B valuation led by BlackRock (Michael Sheetz/CNBC)

Michael Sheetz / CNBC:

Astranis, which is creating small, low-cost satellites to supply broadband web, raises $250M Collection C at a $1.4B valuation led by BlackRock  —  – Astranis, a San Francisco-based firm with another strategy to offering web entry from satellites, closed new funding to ramp up manufacturing.