Portfolio company @astranis_space signed a very large contract to cover Alaska in internet from space. Exciting not only because the deal is worth tens of millions of $ but because internet access is a systemic good & 39% of Alaskans are underserved.
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A Harvard/Columbia study ("The Arrival of Fast Internet and Skilled Job Creation in Africa") found that new internet infrastructure drove down inequality across 14 African states & helped unskilled workers climb the economic ladder.
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As study by BBVA (a Spanish banking group), found that internet access was a more dominant factor in financial inclusion than race, gender, or education level.
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It enables citizens to stay informed about the actions of their governments and to collectively organize if they don't like what they see. This leads to a stronger & more just society.
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This democratizes access while lowering overall healthcare costs.
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Read more about the recent news here:
forbes.com/sites/alexknap…
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astranis.com/careers/
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