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Altaeros

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Providing an Elevated Vantage Point to Connect People, Machines, and Data

Fremont, United StatesFounded 2010Telecom

Valuation $100–250M Last recorded · 2022

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Altaeros

Altaeros is a technology company focused on bridging the digital divide by delivering affordable broadband to rural communities through its advanced autonomous aerostat platform, the SuperTower. The company operates in the telecommunications and infrastructure market, targeting underserved rural areas where traditional infrastructure is prohibitively expensive. Altaeros' business model revolves around deploying its aerial cell towers, which are tethered and autonomously controlled, to provide ubiquitous mobile coverage at a fraction of the cost of conventional methods. Revenue is generated through partnerships with telecom operators and service providers who utilize the SuperTower to extend their network reach. By leveraging innovative technology and a cost-effective approach, Altaeros aims to transform rural connectivity and foster economic growth in remote regions.

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At a glance

Status: Operational
Founded: 2010
Headquarters: Fremont, United States
Employees: 43
Open positions: None listed
Dealroom signal: 65.3/100
Industry: Telecom
Sector: Telecom, Telecommunications, Hard Tech
Technology: Hardware, Autonomous & Sensor Tech, IoT InternetOfThings
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn X

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBT✓Debt	Apr 2024	$8.4M	—	Undisclosed	↗
EARLY VC✓Equity / VC	Aug 2022	$35M	$139M	Undisclosed	↗

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Growth signals

Altaeros website traffic

Latest recorded traffic for Altaeros is 0 monthly website visits. Altaeros's team declined 18.9% over the past year.

Latest monthly visits0 1-year team growth-18.9%

Monthly website visitsApr 2016–May 2020

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