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Private space investment hits all-time high

Added 01-22-22 02:37:03am EST - “Private space investment hits all-time high” - Rt.com

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Posted By TheNewsCommenter: From Rt.com: “Private space investment hits all-time high”. Below is an excerpt from the article.

Research by New York-based firm Space Capital showed that space infrastructure companies got billions of dollars in private investment in 2021. The funds grew by more than 50% from the previous year to a record $14.5 billion.

After a historic third quarter for human spaceflight, the fourth quarter brought in $4.3 billion thanks to “mega-rounds” of $250 million or more by Sierra Space, Elon Musk’s SpaceX, and Planet Labs.

In total, Space Capital tracked 1,694 companies that have raised nearly $253 billion in cumulative global equity investments since 2012 across the three space categories – infrastructure, distribution, and application. 

“As we look ahead, we see tremendous opportunities to scale mass adoption of the existing infrastructure as we look for radically new approaches to build and operate space-based assets,” said Space Capital’s managing partner, Chad Anderson.

According to the report, space-related companies received $17.1 billion in venture capital last year, which made up 3% of total global venture capital investment in 2021.

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