{"id":56706,"date":"2021-09-08T19:01:14","date_gmt":"2021-09-08T11:01:14","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/venture-capital-visionaries-examine-todays-booming-space-investment-landscape\/"},"modified":"2021-09-08T19:01:14","modified_gmt":"2021-09-08T11:01:14","slug":"venture-capital-visionaries-examine-todays-booming-space-investment-landscape","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/venture-capital-visionaries-examine-todays-booming-space-investment-landscape\/","title":{"rendered":"Venture Capital Visionaries Examine Today\u2019s Booming Space Investment Landscape"},"content":{"rendered":"<p>Despite COVID-19 impacts to the global economy, global space continues to attract strong investment from leading venture capital firms. Bank of America expects the space industry to triple to a $1.4 trillion market within a decade. The second quarter 2021 witnessed record deal activity in both amounts invested and deals done, with private capital investment from January to June 30 reaching $11.9 billion, and 14 \u201cmega deal\u201d financing rounds of $50 million or higher, according to the Seraphim SpaceTech Venture Capital Index.  <\/p>\n<p>The coming of a trillion-plus space economy doesn\u2019t surprise Candace Johnson, venture partner and advisory board chair for Seraphim Capital, the world\u2019s first space tech fund, which has funded six space constellations and over 50 space startups to date.<\/p>\n<p>\t\t\t\t<img loading=\"lazy\" width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2021\/03\/KV3Lxy5yQ6Ocz5jqP4H8_VS_ShowDaily20202120Day20320DGTL_-300x225.jpg\" class=\"attachment-medium size-medium\" alt=\"\" style=\"width: 120px; height: auto;\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2021\/03\/KV3Lxy5yQ6Ocz5jqP4H8_VS_ShowDaily20202120Day20320DGTL_-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2021\/03\/KV3Lxy5yQ6Ocz5jqP4H8_VS_ShowDaily20202120Day20320DGTL_-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2021\/03\/KV3Lxy5yQ6Ocz5jqP4H8_VS_ShowDaily20202120Day20320DGTL_-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2021\/03\/KV3Lxy5yQ6Ocz5jqP4H8_VS_ShowDaily20202120Day20320DGTL_.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t<\/p>\n<h3 class=\"fs-5 mt-0\">Explore the Show Daily 2021 Day 3 Issue<\/h3>\n<p class=\"mb-0 fs-smaller text-balance\">Check out more from this issue and find your next story to read.<\/p>\n<p>\t\t\t<button class=\"btn btn-primary\" type=\"button\" data-bs-toggle=\"offcanvas\" data-bs-target=\"#offcanvasMENU\" aria-controls=\"offcanvasExample\" aria-label=\"button\" style=\"white-space: nowrap;\"><br \/>\n\t\t\t\tView More <i class=\"bi bi-arrow-right-circle\"><\/i><br \/>\n\t\t\t<\/button><\/p>\n<p>\u201cWe are in the golden era of space. The space investment sector is booming,\u201d she said. \u201cFrom autonomous vehicles, to location-based services, to critical communications to Earth and near space observation, the world depends on satellites.\u201d<\/p>\n<p>Johnson points to three factors driving this space investment boon. The Internet of Things (IoT), which allows space operators to put sensors on everything everywhere, be it the Earth, ocean, space and the universe, providing a critical role in collecting and then analyzing data to gain crucial insights on our planet and space; <\/p>\n<p>The miniaturization of components, which exponentially drives down the cost of accessing space. This has propelled more people to build their own rockets, cubesats and nanosats, and emerging countries to play a role in space and allowing investors a healthy ROI;<\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a695efccb8bf;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a695efccb8bf = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a695efccb8c0').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a695efccb8c0'); });<\/script><\/p>\n<p>And finally, the exposure and awareness to New Space brought by the billionaire trio of Elon Musk, Jeff Bezos, and Richard Branson.<\/p>\n<p>Mike Collett, founder and managing partner of Promus Ventures, which invests in early-stage deep-tech software and hardware companies, is equally optimistic. \u201cWe are trending toward record levels of investment in the space sector this year, as growth and hedge funds have opened their wallets to fund later-stage space companies at head-shaking valuations,\u201d said Collett, a venture capitalist for two decades.<\/p>\n<p>Promus Ventures first invested in space in 2014 with Spire Global, a global space-based data analytics company whose nanosatellites collect maritime, aviation, and weather tracking data. Since then, Collett said his firm has steadily invested in a host of startups, from Rocket Lab and Iceye, to Mapbox, Cape Analytics, and Swift Navigation. <\/p>\n<p>Johnson of Seraphim Capital brings a unique perspective, given her longevity in the space industry. She co-founded SES in Luxembourg in 1983 with private banking backing at a time when Europe\u2019s space community was focused strictly on large government-led satellite programs. <\/p>\n<p>She later served as the chief architect of SES Global, today the world\u2019s largest satellite operator. Johnson played instrumental roles in bringing about Iridium, Loral Teleport Europe, and ILS in the 1990s, as well as founding Europe Online. Johnson has also never done a government-sponsored space venture. She\u2019s focused on privately financed, commercial space ventures for almost 40 years.<\/p>\n<p>\u201cBack in the \u201980s and \u201990s, it was all about space being used to provide universal access to television, telecommunications, and the internet,\u201d recalled Johnson. \u201cNow, with IoT [Internet of Things], we are using space to access the universe and the planet. It\u2019s all about location with the GPS satellites, mobility, the environment and the rise of Internet of Things. We can put sensors on anything.\u201d<\/p>\n<h3>SPAC Wave Changes the Game for Going Public<\/h3>\n<p>Collett points to a big positive for today\u2019s space startups: more flexible funding options with special purpose acquisition companies (SPACs). \u201cThe SPAC market has opened a path for many space startups to go public in a different manner than the traditional initial public offering,\u201d he said.<\/p>\n<p>Investors form SPACs to raise money through an initial public offering to buy another company. At the time of an IPO, they have neither business operations nor stated targets for acquisition, and SPAC investors range from well-known private equity funds to the general public. <\/p>\n<p>Space investors as well as space startups are going public. Seraphim undertook an oversubscribed IPO earlier this summer with their $300 million Seraphim Space Investment Trust listed on the London Stock Exchange. Johnson adds that the new Seraphim Space fund is investing $20 million to $30 million in growth-stage private companies and space companies globally. Another high-profile example involves Virgin Orbit\u2019s decision in August to go public through a SPAC merger with NextGen Acquisition Corp. II, which gave Virgin Orbit a $3.7 billion valuation. <\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a695efccbf2d;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a695efccbf2d = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a695efccbf2e').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a695efccbf2e'); });<\/script><\/p>\n<p>But is the market\u2019s passion for space investment sustainable, or will there be an inevitable market correction?<\/p>\n<p>\u201cMany valuations for some of these businesses are clearly ahead of themselves,\u201d cautioned Collett, who anticipates dramatic repricing of some space firms that have raised significant capital if they fail to execute and deliver on expectations. He said the market will ultimately back the teams \u201cthat can execute their models to the projections they have shared.\u201d<\/p>\n<p>While many space funding headlines focus on the large rounds and SPAC transactions, there remains significant activity at the early stage, observes Collett.<\/p>\n<p>\u201cEarly-stage businesses are reaping the downdraft of these large rounds and valuations, and we continue to see new early-stage space businesses funded at higher prices and larger rounds than in the past,\u201d he said. \u201cA rising tide lifts all boats, and this continues to be the case in the space venture capital world.\u201d<\/p>\n<h3>The Venture Capital Mindset <\/h3>\n<p>With so much activity, how do investors determine which startups to bet on? Both Johnson and Collett asserted the merits of trusting in investment teams with solid experience in not only finance but also multiple technology sectors.  <\/p>\n<p>\u201cWe have excellent venture capitalists and we also have excellent software, AI, and robotics people,\u201d Johnson said of the Seraphim team. <\/p>\n<p>The advisory board recently added software VC pioneer, Ann Winblad of Hummer Winblad Partners as well as Jan W\u00f6rner, former director general of the European Space Agency, and other appointments are coming soon in areas such as robotics, AI, manufacturing, chemistry, physics and quantum technology to help identify where trends are heading.<\/p>\n<p>\u201cWe\u2019re also building the pipeline,\u201d Johnson said. \u201cAlmost all our companies are data and software-based even though they often have hardware platforms, which provide unique data sets and serve new markets such as space situational awareness, in-orbit servicing and next-gen telecommunications 5G services.\u201d  <\/p>\n<p>Throughout her long space career, Johnson has never lost her passion as an entrepreneur and her appreciation for angel investing in startups. Whenever she starts a new venture as an entrepreneur, she asks the question:  \u201cAre we making the world better? I apply my heart, mind, and gut.\u201d  <\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a695efccc5d7;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a695efccc5d7 = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a695efccc5d8').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a695efccc5d8'); });<\/script><\/p>\n<p>The role of angel investors in the VC and private equity worlds should not be overlooked, she said.  \u201cBecause angel investors are not investing anybody else\u2019s money; they usually take the first risk, and they believe in the purpose. Our first investor in SES, way back in 1983 was an angel investor, Count Roland de Kergorlay. This is also why we at Seraphim have an angel group and an accelerator, in addition to our VC funds.\u201d<\/p>\n<p>When looking at new firms to back, Johnson shies away from the word \u201cdisruption\u201d in favor of \u201ccreation,\u201d or companies that can create an entirely new market. She considers Spire a great example of a firm that has created two markets \u2013 one in precision weather, the other as a turn-key satellite bus and satellite data analytics provider to other space operators. She also points to U.K.-based Arqit, a provider of satellite quantum key distribution. <\/p>\n<p>Added Collett, \u201cWe have been fortunate at Promus Ventures to have invested up and down the geospatial stack since 2014, including launch, constellations, and data application businesses. We also have professionals in the U.S. and Europe to serve each ecosystem well and the startups in each area.\u201d <\/p>\n<p>He continued, \u201cIt is vital for investors with an interest in space to know how the stack plays, which constellations are reserving future launches, which data companies are contracting with various industry sectors for contracts, and the size of ARR contracts various downstream businesses are able to get over the line among others.\u201d<\/p>\n<p>Given the global nature of space, Collett said it\u2019s equally critical to build strong relationships with sovereigns, space agencies, and funding sources focused on space. <\/p>\n<p>\u201cUltimately, it is always about the team, and if they have shown they are able to define their unique technical advantage and convince other enterprise and government customers at an early stage to contract for their platform,\u201d he concluded. <strong>VS<\/strong><\/p>\n<p>,<\/p>\n<h2 class=\"widget-title\">In This Issue<\/h2>\n<p>\t\t\t\t\t<!-- post id 415:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img loading=\"lazy\" width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/hu40EHMS8aQiHi8mAc5n_VS_ShowDaily20202120Day20320DGTL_7-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/hu40EHMS8aQiHi8mAc5n_VS_ShowDaily20202120Day20320DGTL_7-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/hu40EHMS8aQiHi8mAc5n_VS_ShowDaily20202120Day20320DGTL_7-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/hu40EHMS8aQiHi8mAc5n_VS_ShowDaily20202120Day20320DGTL_7-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/hu40EHMS8aQiHi8mAc5n_VS_ShowDaily20202120Day20320DGTL_7.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tBharti Mittal Announces OneWeb Strategic Agreement With AT&amp;T<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 416:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bwu6FCzdTcurnHT3V2Qc_VS_ShowDaily20202120Day20320DGTL_6-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bwu6FCzdTcurnHT3V2Qc_VS_ShowDaily20202120Day20320DGTL_6-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bwu6FCzdTcurnHT3V2Qc_VS_ShowDaily20202120Day20320DGTL_6-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bwu6FCzdTcurnHT3V2Qc_VS_ShowDaily20202120Day20320DGTL_6-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bwu6FCzdTcurnHT3V2Qc_VS_ShowDaily20202120Day20320DGTL_6.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tManufacturers Seek Deeper Relationships With Suppliers to Avert Supply Chain Crises<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 419:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/QDd7RqbIScaXYIfxuioA_VS_ShowDaily20202120Day20320DGTL_5-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/QDd7RqbIScaXYIfxuioA_VS_ShowDaily20202120Day20320DGTL_5-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/QDd7RqbIScaXYIfxuioA_VS_ShowDaily20202120Day20320DGTL_5-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/QDd7RqbIScaXYIfxuioA_VS_ShowDaily20202120Day20320DGTL_5-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/QDd7RqbIScaXYIfxuioA_VS_ShowDaily20202120Day20320DGTL_5.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tMynaric, TriSept and D-Orbit UK: Industry News for Sept. 9<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 417:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/APZC96SLR4CHqwUrB8Lj_VS_ShowDaily20202120Day20320DGTL_8-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/APZC96SLR4CHqwUrB8Lj_VS_ShowDaily20202120Day20320DGTL_8-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/APZC96SLR4CHqwUrB8Lj_VS_ShowDaily20202120Day20320DGTL_8-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/APZC96SLR4CHqwUrB8Lj_VS_ShowDaily20202120Day20320DGTL_8-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/APZC96SLR4CHqwUrB8Lj_VS_ShowDaily20202120Day20320DGTL_8.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tRules of the Road: New Policies Are Needed to Manage Space Traffic and Debris<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 414:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/UgqzwL8NSDqJejRE0fdh_VS_ShowDaily20202120Day20320DGTL_2-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/UgqzwL8NSDqJejRE0fdh_VS_ShowDaily20202120Day20320DGTL_2-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/UgqzwL8NSDqJejRE0fdh_VS_ShowDaily20202120Day20320DGTL_2-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/UgqzwL8NSDqJejRE0fdh_VS_ShowDaily20202120Day20320DGTL_2-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/UgqzwL8NSDqJejRE0fdh_VS_ShowDaily20202120Day20320DGTL_2.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tSatellite Needs More Collaboration to Reach its Full Potential<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n","protected":false},"excerpt":{"rendered":"<p>Despite COVID-19 impacts to the global economy, global space continues to attract strong investment from leading venture capital firms. Bank of America expects the space industry to triple to a $1.4 trillion market within a decade. The second quarter 2021 witnessed record deal activity in both amounts invested and deals done, with private capital investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56707,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-56706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56706"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=56706"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/56707"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=56706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=56706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=56706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}