HomeFundingSpace startups funding continues to recover as investors bet on government spending

Space startups funding continues to recover as investors bet on government spending

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Space startups secured $2.41 billion globally from April to June. Amid geopolitical tensions, SpaceX and Planet Labs remained crucial. Europe held steady, North America declined 50%. Shanghai Spacecom’s $943 million investment marked China’s largest deal. Seraphim Space deemed U.S. 2024 impact unclear. James Bruegger predicted better 2025 growth despite global issues. Quarterly growth persisted, overcoming high interest deterring prior investors.

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