CesiumAstro, an aerospace engineering company headquartered in Bee Cave, announced plans for Synchronicity, a satellite constellation following the successful launch of CesiumAstro’s first satellite, Element-1.
The overview: The Synchronicity project is a satellite constellation, which is a network of satellites working together to provide communications coverage across large areas of the planet.
Through Synchronicity, CesiumAstro plans to expand beyond manufacturing satellite technology to building and operating its own satellite communications network, per a press release from the company.
How we got here: CesiumAstro launched its first satellite, Element-1, in October.
The satellite allowed the company to test its communications technology and onboard computing capabilities in orbit, in order to demonstrate systems that could eventually support the larger network.
The local impact: In March, the company announced a $500 million capital investment over the next five years to expand its headquarters in Bee Cave, including the purchase of 270,000 square-feet of manufacturing space.
CesiumAstro also has plans to add 550 jobs and grow its workforce by over 1,000 employees by 2030, according to the release.