NSR Report: Space Investments in 2020 Hit $7.7B in Record Year

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.

SpaceNews: Satellite veterans warn of space SPAC downside

NSR outlined how Iridium’s recurring revenue, and corresponding valuation, put it in a very different position from today’s SPACs in a forthcoming SpaceNews commentary. “The recent spree of space SPACs are marked by unrealistic projections,”. “Not counting Iridium, the average space SPAC has a $1.8 billion enterprise valuation built on assumptions it can grow [an average.

Space Daily: Satellite company Spire Global plans to expand with new funds

Such a high value is outsized compared to the company’s current annual revenue, which is about $36 million, said [NSR]. “Spire has broken down barriers in many instances, with respect to getting some customers signed up to their service,” [they] said. “But signing up additional customers, especially in new industries, could prove more challenging than.