venture capital
Venture capital is pulling back but Voyager is ‘in for the long run’
Matthew Kuta, president and COO of Voyager Space Holdings, says the crisis has laid bare a fundamental mismatch between venture investors focused on making quick profits and what space companies need to be successful, which is a long-term commitment.
Op-ed | An unexpected effect: the industry’s recent challenges prove the importance of space
Rationalization of the startup landscape and the right sizing of company balance sheets is inevitable, paving the way for “Space 3.0,” which will see the profitable and sustainable exploitation of entirely new market opportunities, backed by a growing base of enlightened stakeholders.
Op-ed | What the government should or should not do to help space industry
One way to help the industry is for the government to communicate what problems it needs solved and commit funding for the right solutions.
Treasury unlikely to change rule that disqualifies space startups from relief loans
Treasury is said to be concerned that changing the rule for venture-owned startups would subvert the intent of the relief loan program.
Slingshot Aerospace gets $3 million from Air Force, private investors for data analytics technology
A $1.5 million Small Business Innovation Research award was matched by $1.5 million from ATX Venture Partners and Revolution’s Rise of the Rest Seed Fund.
Startup financing flourished in 2019 with no sign of slowing
Space industry startups attracted $5.7 billion in financing in 2019, “shattering the $3.5 billion record set the previous year,” according to a new report by Bryce Space and Technology.
EU to invest 200 million euros into space industry
The European Union will provide 200 million euros ($222 million) to support Europe’s space industry, in the form of a loan to help fund development of the Ariane 6 and investment in space startups.
2010-2019: The decade in space
It was a decade of enormous change. When it began, SpaceX was on the ropes, cubesats were teaching tools, NASA’s lunar ambitions were back on hold and no one in Washington was calling for a Space Force.
Seraphim Capital, Noosphere Ventures invest in D-Orbit
Seraphim Capital and Noosphere Ventures participated in the latest funding round for Italian space company D-Orbit.
Descartes Labs raises $20 million to create Earth’s digital twin
Descartes Labs, a company that specializes in applying machine learning to geospatial datasets, raised $20 million in a Series B-2 bridge financing round.
HawkEye 360 raises $70 million Series B financing
HawkEye 360, a company building a constellation of radio frequency data satellites, raised $70 million in Series B financing, the Herndon, Virginia, company announced Aug. 6 at the Small Satellite Conference here.
UbiquitiLink raises $12 million for communications satellites
Satellite communications startup UbiquitiLink has raised more than $12 million for its plan to launch a constellation of satellites to extend the reach of terrestrial mobile networks, the Falls Church, Virginia, company announced July 17.
Op-Ed | Preserving NewSpace innovation while championing M&A in our ecosystem
The NewSpace sector is expected to grow from a $350 billion global industry in 2018 to a trillion dollar one by 2040, according to a Morgan Stanley report. Given these forecasts it is not clear how the market will expand, will there be more mergers and acquisitions, initial public offerings, initial coin offerings or just companies remaining private?
Investors cautiously optimistic about continued space industry growth
Most investors believe that the growth in funding for space ventures will continue for the near future, despite some concerns about parts of the industry and a lack of returns.
Space startup investments continued to rise in 2018
Investors continue to fund space startups at an accelerating rate, according to two firms that track activity in the sector.
QuadSat drones test satellite antennas
QuadSat, a Danish company focused on testing and calibrating satellite antennas with quadcopters drones, plans to recruit satellite engineers with 700,000 euros ($796,000) raised in a seed investment round announced Jan. 16.
