Investment in the space sector is consistently flowing to companies that are pursuing and winning government contracts, according to a Space Capital report.
Investment in the space sector is consistently flowing to companies that are pursuing and winning government contracts, according to a report by Space Capital.
"In this market – 21 months into this liquidity crunch – people are chasing government dollars," Space Capital managing partner Chad Anderson told CNBC. "In this market – 21 months into this liquidity crunch – people are chasing government dollars. They're more willing to chase government dollars and infrastructure companies have line of sight to a lot of that," Space Capital managing partner Chad Anderson told CNBC.found that space infrastructure companies brought in $1.6 billion of private investment during the third quarter. That brings the sector to $8.4 billion in investment year-to-date, surpassing the total $8.
"You look at emerging industries – these are all government-led markets. So it's actually quite easy to size up the market – you know how many dollars are available, how big the market is currently and how big it's going to be over the next few years – because you already know what the government budgets are," Anderson said.
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