Geopolitical uncertainties have largely driven the surge in funding, as geospatial data and images collected by satellites are used by government agencies for everything from analyzing weather patterns and agriculture to changes and movements along international borders.
Space startups see funding surge as government spending remains high, report says streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Satcom: The first quarter saw many milestones including SpaceX s successful Starship flight test to United Launch Alliance s launch of Astrobotic and Intuitive Machines mission, which was the first touchdown on the lunar surface by a U.S. spacecraft in more than half a century.
Space startup funding skyrockets to $6.5 billion in Q1, driven by government support and rising demand for geospatial intelligence, signaling robust growth.
Global Private Equity Firm, Newspace Capital, Strengthens Its Presence In The MENA Region With Appointment Of Hassan Karimi To The Advisory Board menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.