Europe’s Space Investment is Booming. Its Investors Are Not the Ones Fueling It
Image: Isar Aerospace
Image: Isar Aerospace
This year’s get-rich-quick stock? Not Rocket Lab, not AST SpaceMobile, not Planet.
It’s GEO stalwart Viasat.
Over 90% of Falcon 9 launches use flight-proven hardware, driving marginal launch costs below $15M.
There’s threading the needle, and then there is what Firefly just did last week.
COTS is credited with playing a pivotal role in SpaceX’s rise, helping fund the development of the Falcon 9 rocket and Dragon spacecraft.
Companies that can beam down fiber-like internet speeds graduate from the niche legacy satcom market to the generalized consumer broadband internet market.
The International Space Station cost $150B (inflation adj.) to build, whereas a commercial space station is expected to cost between $2B and $5B.
Hate it or love it, the first six months of the year have summed up investors’ love-hate relationship with the sector.
Over the past decade, the number of active satellites has increased by an order of magnitude.