Global investment in space startups was near record levels in the second quarter, buoyed by investor enthusiasm following SpaceX’s nearly $86 billion initial public offering, according to a Seraphim Space report.
Investor Interest Increases
Investors said interest was also increasingly focused on companies serving defense and national security customers, as well as businesses developing in-space computing capabilities, reflecting expectations that governments and commercial customers will boost spending in those areas.
Space companies raised about $7.5 billion across 141 venture funding deals in the second quarter, compared with a record $8 billion across 159 deals in the previous quarter.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
