Space Economy Generates $6.5 Billion in First Quarter Written 16 April 2024
SpaceX Falcon 9 launches 23 Starlink satellites from Cape Canaveral Space Force Station on Monday, March 25, at 7:42 p.m. EDT. | Credit: Spaceflight Now; YouTube Framegrab
Aviation Week reports, “Companies in the space sector raised $6.5 billion from January to March, an increase of 33% over the fourth quarter of 2023, according to a new report by early-stage venture capital firm Space Capital. The bulk of the investment went to more mature companies, especially late-stage startups. They received $4.3 billion, about 66% of the total. In contrast, growth-stage investments fell 51%.”
Full Story (Aviation Week)
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SpaceX Falcon 9 rocket launches 23 Starlink satellites from Cape Canaveral
(Spaceflight Now; YouTube)