Private investment in space companies set a new annual record of $10.3 billion raised, according to a report this week by firm Space Capital.
Private investment in space companies hit $3.9 billion in the third quarter, propelling this year to a new annual record of $10.3 billion, according to"This quarter sets a new record for yearly infrastructure investment, having surpassed the previous of $9.8B set in 2020," Space Capital managing partner Chad Anderson wrote in the report.
The quarterly Space Capital report divides investment in the industry into three technology categories: infrastructure, distribution and application. Infrastructure includes what commonly would be considered as space companies, such as firms that build rockets and satellites. Space companies closing SPAC mergers and going public made up a significant portion of the capital raised in the third quarter – with moves completed by
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