Despite economic downturn, space startup funding defies gravity
Plus: what Spacefund and LMVC look for in founder teams
The COVID-19 pandemic might have upended the global economy, but according to Meagan Crawford at Spacefund and Chris Moran with Lockheed Martin Ventures, it didn’t dampen investment in space startups. The space industry has enjoyed a honeymoon period with hundreds of startups popping up in the past five to seven years following SpaceX’s success.
Spacefund research conducted earlier this year found that there is almost no correlation between the global economy and the space industry, said Crawford, a managing partner at the VC firm, last Thursday at TC Sessions: Space 2020. Crawford and Moran both agreed that interest and investment in space will increase as more startups have successful exits.
Look at what’s happening at day two of TC Sessions: Space 2020
Yesterday, day one of TC Sessions: Space 2020, was (brace yourself) out of this world. Bad puns aside, today’s lineup promises even more in-depth interviews, Q&As and breakout sessions with the top experts in the space industry. It also includes a pitch-off and plenty of networking opportunities to connect with the leading movers and shakers across public, private and defense sectors.
It’s hard to imagine a more complex or expensive industry, and you’ll need all the tips, insight, guidance and funding you can get to successfully launch your space startup. Here’s a quick look at just some of day two’s presentations and opportunities designed to help you build a successful business. Check out the complete event agenda to plan your day.
Announcing the final agenda for TC Sessions: Space 2020
TC Sessions: Space is happening this December 16 and 17 our first-ever dedicated space event. This is a live, virtual two-day conference featuring the most important people in the space industry, across public, private and defense.
We’re thrilled to be hosting NASA’s head of the Human Spaceflight Office Kathryn Lueders, Rocket Lab CEO and founder Peter Beck, U.S. Space Force Chief of Space Operations General Jay Raymond, Lockheed Martin VP and head of Civil Space Programs Lisa Callahan and many more. In addition to the firesides and panel discussions of the virtual stage, the event will also include networking, startup presentations and the chance to connect with attendees from around the world.