The round was led by Janus Henderson, with participation from Insight Partners, Sands Capital, Sumitomo Corporation of Americas, Toyota's Woven Capital and others. It also secured $100 million in debt financing through the Export-Import Bank of the United States (EXIM) and JPMorgan. The company says its total capital announced in 2026 exceeds $1.2 billion.
Synchronicity is planned as an AI-enabled constellation for commercial, sovereign and defense missions. The announcement follows the launch of the company's first satellite, Element-1, and the start of its on-orbit operations. The company is thus expanding from supplying systems to operating its own satellite infrastructure.
CesiumAstro also announced a $500 million investment over five years to expand its Austin-area headquarters, including the purchase of 270,000 square feet of manufacturing space. The capital will go to spacecraft development and production, Synchronicity deployment and international growth.