5 February 2019
Space News reports that investment in space startups is continuing “at an accelerating rate, according to two firms that track activity in the sector.” Seraphim Capital data shows that venture capital “poured $3.25 billion into space technology companies in 2018, an increase of 29 percent.” In an annual report, Space Angels, “which unlike Seraphim does not include drone startups in its count, tallied $2.97 billion in space startup equity investments last year.” Space Angels “said 2018’s total counts for a sixth of all the equity capital invested in space companies since 2009.” Both firms identified launch services “as the single largest area of investment activity, totalling between $1.3 billion and $1.6 billion, according to their estimates.” According to Seraphim, European companies saw their share of global investment grow from 13 percent in 2017 to 18 percent, “with satellite and component manufacturing as a bright spot.” China accounted for 5 percent of “global space investment over the past 10 years, according to Space Angels.” (Image Credit: NASA Kennedy)
More Info (Space News)