Over the last decade, Investors have shown significant interest in space technology such as spacecraft that can deliver large payloads to space for research, industry, and recreation, satellites for communications and data sharing on- and off-planet, high-resolution Earth imaging for environmental monitoring, and mining the solar system for precious metals
Fremont CA: The U.S. and the Soviet Union dominated the space race since the very first spacecraft took off for space exploration. Over the past 60 years, the world has witnessed many milestones in space explorations, most of which were heavily funded government projects. However, all these are now a thing of the past. The decreased costs of spacecraft development, along with improved remote sensing and data analytics capabilities, has led to an increase in space exploration and investment activities now being undertaken by private space companies.
Between 2009 and 2018, a total of USD 18 billion was invested in space startups, of which USD 3.25 billion was invested in 2018 alone. Over the last decade, Investors have shown significant interest in space technology such as spacecraft that can deliver large payloads to space for research, industry, and recreation, satellites for communications and data sharing on- and off-planet, high-resolution Earth imaging for environmental monitoring, and mining the solar system for precious metals. These technologies not only can enable humans to settle in space, but also improve the quality and sustainability of life on Earth.
Space Angels is one of the most successful Venture Capital firms of 2019, having secured 22 deals since 2010. The New York-based venture capitalist firm’s portfolio is heavily laden with investments in Satellite technology, Earth imaging and environmental monitoring as well as telecommunication applications. Space Angels back Kepler Communications, which provides connectivity and communication solutions intending to provide in-space connectivity through a network of satellites. The company has also supported NanoRacks, a startup which delivers payloads such as research equipment to the International Space Station for microgravity research.
CosmiCapital is a relatively new venture capitalist firm which focuses exclusively on investing in space and related applications to transform businesses on Earth. Established in April 2018, the company is the first European venture capitalist firm supported and sponsored by the French space agency CNES. CosmiCapital was initially set up with reaching the target of EUR 100 million. The company aims to grow a portfolio of diversified space startups, including launcher and satellite manufacturing, ground and communication services as well as other space-related businesses, thus unlocking the potential of space.
See Also :- Top Space Technology Companies