Billionaire investors like Jeff Skoll and Pitt Hyde are poised to benefit from SpaceX's upcoming IPO. Family offices see broader opportunities in space infrastructure and defense, not just exploration, citing Starlink's strength and the need for mission-critical hardware.
Billionaire investors are set to profit from SpaceX's IPO, but many see broader opportunities in the space sector, focusing on infrastructure and defense rather than just exploration. Family offices are investing in companies like Isar Aerospace, viewing space startups as long-term infrastructure plays.
German space startup Polaris is preparing to launch a larger prototype of its spaceplane. The company aims to have a combat jet-sized, hypersonic vehicle ready by late 2027 and a 28-meter long, two-stage unmanned aircraft by 2029.
Asian space startups, including South Korea's Unastella, are accelerating development of launch vehicles to compete in a market dominated by the US and China. Unastella secured $24M in Series B funding for its small satellite launch services.
True Anomaly, a Colorado-based startup building space interceptors for Trump's Golden Dome missile defense project, raised $650 million in funding, reaching a $2.2 billion valuation. The four-year-old company has raised $1 billion total and plans to nearly double its workforce to 500 employees by year-end while expanding its factory from 140,000 to 2 million square feet.
SEOUL, April 27 (Yonhap) -- Innospace Co., a South Korean space startup, said Mo...
SEOUL, April 21 (Yonhap) -- Innospace Co., a South Korean space startup, said Tu...
