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.
“Unless you have some really solid contracts up front, you have to build [backlog] from the ground up,” said Chris Baugh, president of the consulting firm Northern Sky Research. “It’s not like the old days where you flip the switch and 70 percent of your satellite is full.”
Startups in the space industry continue to emerge across the value chain, from space infrastructure capabilities to downstream services, targeting new approaches to compete with incumbents and broaden the market.