January 13, 2021
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Disclaimer: This is a guest post by Robert Jacobson who is a space investor and entrepreneur and is not affiliated with Propel(x). The free chapter from the book at the end of this blog post has been provided by him and is being offered by Propel(x) to increase general awareness about space technology and innovation.
Let’s think about space as an interconnected, multi-disciplinary ecosystem where rocket launchers are just one small (albeit important) fraction of the system. Just as the expansion of the world wide web enabled vast new applications and wealth creation, space can do even more. From GPS to mapping to asset tracking to Earth observation, space enriches us with vast tangible and intangible benefits.
There are new business opportunities being built around data, agriculture monitoring, fishery and forestry management, maritime, and weather—all using space assets. Additional examples include commercial product development and research on the International Space Station, which look very promising and include the creation of:
- Higher quality fiber optic cables
- Artificial retinas
- Artificial hearts and other organs created from a patient’s own cells
- Single crystal semiconductor development
We’re transitioning to a time when government managed space programs no longer have exclusive control of this strategic domain. Though government and telecom sectors still comprise most of the annual spending on space, recent trends indicate an increased amount of private investment activity routed towards space technology and innovation.
Image Credits: Bryce Tech | Report Reference – https://brycetech.com/reports
Disclosure : All the information, statements and data included here are based on management (or third party) estimates, opinions and projections. Not verified by Propel(x), Hubble Investments or any of its affiliates. Any projections, forecasts, estimates or exit scenarios are speculative and should not be relied upon. Investors should conduct their own diligence before determining whether to make an investment.
Investments in Space
List of exits in the space sector include,
- Monsanto buys Climate Corp for $930 Million
- AE Industrial Partners acquires Made In Space
- Mapsense acquired by Apple
- Clyde Space merges with Swedish rival, AAC Microtech
And on the horizon, Momentus intends to be listed on NASDAQ via a SPAC.
Fun to Read
Disclaimer: Propel(x) is not engaged or associated with these startups in any way.
Some interesting space related startups are as follows
|Category||Name of Startup/s|
|Commercial nuclear energy for space||Atomos, Apollo Fusion|
|Space debris||Astroscale, LeoLabs|
|Fresh food in space||Bake in Space|
|Blockchain and space||Blockstream, Spacechain, Nexus Earth|
|Additive manufacturing in space||Made in Space|
The Way Forward
With the barriers to access space quickly being reduced, we’re going to see new applications and use cases for space emerge. The space sector needs and benefits from advances in a myriad of technology areas ranging from nanotech to material sciences.
Investment platforms such as Propel(x) are piercing the veil of obscure technology innovations that would before, only be available to experts presently working within that field. Member investors make early and growth stage investments to advance new and potentially critical technology areas that might otherwise languish or mature at much slower pace due to lack of funding through traditional venture capital funding route.*
*Disclaimer: This testimonial may not be representative of the experience of other customers and is no guarantee of future performance or success.
What also sets Propel(x) apart from its competitors is the exclusive focus on deep technology, personalized assistance from investor relations team, flexible investment amounts starting from $5,000, options for both syndicate and direct investing and finally a thorough due diligence process which provides investors the trust and comfort level to invest in a deep technology domain (such as space) they may not have direct experience in.
I believe it’s time to not just think about space as only the strategic high ground but an area for business, commerce and investment. If you are interested in reading more, download a free chapter from my book, Space Is Open for Business: The Industry That Can Transform Humanity here and let me know your thoughts!.
Disclaimer: All content on this page is for informational purposes only. This is not a solicitation to buy or sell securities. Private Investments are highly illiquid and risky and are not suitable for all investors. Please review risk factors for investments on Propel(x) here.