Private investment in space companies, especially from venture capital, showed "signs of stabilization" in the second quarter after steady declines over the past year, according to a report Monday by New York-based Space Capital.
Investment in space companies had dropped steadily since its peak in 2021, as companies felt the macroeconomic effects of a tightened funding environment and rising interest rates.
Space infrastructure companies brought in $4.9 billion of private investment in the second quarter, including the close of Maxar's recent go-private sale at a $4.1 billion equity value.
The quarterly Space Capital report divides investment in the industry into three technology categories: infrastructure, distribution and application.
Infrastructure includes what would be commonly considered as space companies, such as firms that build rockets and satellites.
Persons:
Chad Anderson
Organizations:
New, Capital, Investment, Space Capital, Space, Infrastructure
Locations:
New York