Startup EON Exits Stealth with $10.75M to Build Orbital Laser Relay Network Targeting Subsea Fiber

Endeavor Optical Networks, founded May 2026, emerged from stealth with $10.75 million in seed funding from General Catalyst and Andreessen Horowitz. The startup plans roughly 20 laser-equipped LEO satellites providing dedicated intercontinental optical links at 2.4 Tbps aggregate throughput — directly competing with subsea fiber. A demonstration satellite targeting 800 Gbps to 1 Tbps downlink is slated for late 2027.