Newspace connectivity continues to attract new sources of capital despite growing expectations of more failures this year, potentially underlining the market’s maturity and the growing resilience of its investors.
This week alone saw NewSpace Networks announce plans to raise US$200m for space and air-based systems that leverage terrestrial paradigms such as virtualisation and the cloud, and microsatellite startup Astranis secure US$90m towards a global internet constellation. However, there are also persistent concerns that...