As the satellite connectivity gold-rush settles, newspace startups are facing growing questions about follow-on financing amid an ongoing lack of liquidity events.

How these companies can bridge an apparent gap in the funding spectrum on their way to sizeable exits is an increasingly popular discussion point at industry events, and October’s Satellite Innovation 2019 in Silicon Valley was no exception. The catalyst in this...

Google’s US$500m acquisition of Earth observation startup Skybox Imaging five years ago opened many doors for the bourgeoning newspace market. Satellite technology has been raising record levels of VC funding since the deal helped catapult the sector’s profile for a new investor class.

It is often celebrated as the market’s most notable exit, even though just two and a half years later a u-turn would...