Private investment in space continues to be battered by larger macro-economic trends, like high interest rates and inflation, but not all sectors of the space industry are affected equally, a new report from New York-based VC firm Space Capital found.
While broader market conditions are disproportionately affecting funding in deep tech — which includes high capex industries like launch and “emerging industries” (think private space stations and orbital debris mitigation) — geospatial intelligence and remote sensing companies are well positioned to withstand these trends, the quarterly report found.
Overall, $3.4 billion was invested in 79 space companies this quarter, representing a 44% decline from the same period last year. While total investment declined, early-stage investments increase …
