News Post

Space startups funding continues to recover as investors bet on government spending

Economic Times

· 4d

Global investments in space startups reached $2.41 billion in Q2, marking three consecutive quarters of growth, according to Seraphim Space. While investments in Europe remained flat, North America saw a decrease of around 50%. However, it is too early to determine whether this suggests a weak 2024 or a bumpy recovery. The largest Chinese space tech deal to date, a $943 million investment in Shanghai Spacecom Satellite Technology, contributed to the strong quarter, indicating a growing determination among Chinese investors to rival US capabilities in space. Overall, the space investment market is predicted to continue growing in 2025.

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