John Gedmark, CEO of Astranis Space Technologies, recently lauded the UpSummit conference, hosted by UP.Partners VC, as a premier gathering for leaders in the aviation and aerospace sectors. Gedmark expressed his gratitude to Cyrus Sigari of UP.Partners for the invitation, highlighting the event's unique ability to convene numerous industry pilots.
"Huge thank you to my good friend Cyrus at @UPPartnersVC for the invitation to tell our story here. UpSummit is a can't-miss show. Never seen so many pilots in one audience before. See you there again next year!" Gedmark stated in a social media post.
Astranis Space Technologies, co-founded by Gedmark, specializes in developing small, cost-effective geostationary communications satellites aimed at expanding internet access globally. The company has been at the forefront of innovation in the satellite industry, with a focus on providing dedicated, private networks. Their "MicroGEO" satellites offer rapid deployment and high performance, crucial for various applications including disaster relief and remote connectivity.
UP.Partners is a venture capital firm dedicated to investing in the future of mobility, encompassing aerospace, aviation, and logistics. Cyrus Sigari, a Managing Partner at UP.Partners, is a recognized figure in the aviation community, known for his expertise and advocacy for advanced air mobility. The firm's investment thesis centers on supporting companies that are transforming the movement of people and goods.
UpSummit serves as a key platform for industry stakeholders, innovators, and investors to discuss the latest advancements and challenges in mobility. The conference's emphasis on bringing together a large contingent of pilots underscores its practical and operational focus within the aerospace sector. Gedmark's positive remarks suggest the event provides significant networking and knowledge-sharing opportunities for companies like Astranis.