To date Astranis has raised $550 million and is well capitalized for growth with a team of 300 people. The company has already built four more satellites—one of which will serve a customer in Peru, two for airline Wi-Fi, and one for an unspecified customer—that will launch on a dedicated Falcon 9 mission later this summer or early fall.

Now that the company has confidence that its custom-built technology works, it plans to scale up production to two satellites a month, Gedmark said. The 1-meter-by-1-meter satellites, which have a mass of around 400 kg, will be built to serve whatever demand there is, wherever in the world it's needed.

"We’re just going to keep launching them as long as there is demand," he said. "And we think there will be a lot of demand for that. We absolutely plan to launch dozens and then hundreds."