The ongoing pandemic has presented a plethora of opportunities as well as challenges to some of the emerging business verticals like Space Tourism and Travel. Recently, the DearMoon project, initiated by Japanese billionaire Yusaku Maezawa recorded millions of participants applying to pursue their dream. On the other hand, Spaceport Cornwall rejected Virgin Galactic’s plan for.
The space industry is in a period of rapid transformation, with the largest growth rates occurring in the Satellite and Space Applications segment. The recently released, NSR Global Space Economy report forecasts significant growth within this segment, representing the highest annual growth market within the decade. Albeit much smaller on an absolute revenue basis, when.
NSR’s Emerging Space Investment Analysis, 3rd Edition report (ESIA3) released today, shows $7.7 billion in funding was raised in 2020 alone, bringing the total since 2000 to nearly $36 B. “2020 was definitely a record year for space investment, with M&As, exits, and new rounds closing as we witnessed more enthusiasm and optimism in the prospect for.
With VCs Returning to Business as Usual, Investment in Space Reaches $36 Billion Since Turn of Century Cambridge, MA – NSR’s Emerging Space Investment Analysis, 3rd Edition report (ESIA3) released today, shows $7.7 billion in funding was raised in 2020 alone, bringing the total since 2000 to nearly $36 B. “2020 was definitely a record.
“Based on the ticket prices that we’ve seen today, the pace of development that we see and the supplies that NASA projects that the revenue sizing represents a $14 billion cumulative opportunity, assuming that launches start within the next one or two years and continuing through 2028. If you’re able to scale and [prove] reliability,.