Commercial Spaceflight And The Dawning Age of NewSpace

Investor Interest In Space Business Growing

COLORADO SPRINGS — Space-investment experts are seeing rapid growth in private funding available to space-related startup businesses, but the road from the garage workshop to “unicorn” status with a valuation of $1 billion or more is fraught with pitfalls.

Panelists at the annual Space Symposium organized here by the Space Foundation agreed that 2015 was record-breaking, with $2.7 billion available in investment and debt financing for space ventures. That included about $800 million for startups from venture capital funds and angel investors, according to Chad Anderson, managing director of the 200-member Space Angels Network.

Sourced through Scoop.it from: aviationweek.com

See on Scoop.itThe NewSpace Daily

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