Space startups attracted $2.41bn in global investments from Apr-June, marking the third consecutive quarter of growth in funding.

Space startups attracted $2.41bn in global investments from Apr-June, marking the third consecutive quarter of growth in funding, according to Seraphim Space. This follows high interest rates deterring investors from rocket, satellite and space-based data services. Companies like SpaceX and Planet Labs are vital as geopolitical tensions drive countries to spend more on satellite-based tech for intelligence and communication.

July 10, 2024
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