Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021.
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 a report this week by New York-based firm Space Capital.
“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 Rocket Lab, Spire Global, BlackSky, Momentus, and Redwire. The two largest deals in the quarter were by ORBCOMM, which was taken private for $1.1 billion, and satellite broadband company OneWeb, which raised $550 million.
KNOWLEDGE is POWER / REAL NEWS is KEY Woke & Liberal News is Fake News You will find it on:
CNN - CBS - MSNBC - ABC - The New York Times - The Washington Post - Facebook - Twitter and more They ALL SUCKS
and simply DO NOT tell you the truth PERIOD
WARNING! If you usually get your news from one of these so-called "News Services" Welcome to you, but be prepared for big surprises! eg. 2+2 is not 5 or 22 but 4 - There is not 57 different genders, only 2 KNOWLEDGE is POWER / REAL NEWS is KEY Help your friends, family and the truth by sharing this page and articles. Amen and a-women