Commercial Spaceflight And The Dawning Age of NewSpace

Continued space investment growth not guaranteed, investors caution | SpaceNews.com

COLORADO SPRINGS, Colo. — Despite an influx of money being invested in space companies in recent years, investors and analysts warned that there is no guarantee this growth will continue in the coming years.

“We’re in a great spot right now in terms of the way investment dollars are flowing. I don’t think anybody I talk to in this sector takes that for granted,” said Will Porteous, general partner and chief operating officer of investment firm RRE Ventures, during a panel at the 32nd Space Symposium here April 13.

Porteous cautioned that the investment climate can change quickly depending on the overall economic picture as well as industry-specific events. He didn’t name any specific threats, but his comments come among recent concerns that there is a “bubble” of investment in technology firms in general that could soon burst.

Sourced through Scoop.it from: spacenews.com

See on Scoop.itThe NewSpace Daily

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