Investment in the space sector, especially from venture capital, is consistently flowing into companies that are pursuing and winning government contracts, according to a report Monday by New York-based Space Capital.
The firm's third quarter report found that space infrastructure companies brought in $1.6 billion of private investment during the third quarter.
The quarterly Space Capital report divides investment in the industry into three technology categories: infrastructure, distribution and application.
Venture capital accounted for 50% of the third quarter's investment in space infrastructure, tracking with the historical trend of VCs representing the primary contributors to space investment.
Space Capital highlighted the trend of companies and investors chasing government funds as apparent in sub-sectors within space infrastructure, particularly in emerging markets such as space stations and the moon.
Persons:
Chad Anderson, Anderson, it's
Organizations:
International Space Station, Investment, New, Space Capital, CNBC, Space, Infrastructure, Venture, Logistics
Locations:
New York