Investment in US space industry reaches record levels

Investors spent a record $3.2 billion backing the U.S. space industry last year.

Bryce Space and Technology's new study pointed to increased interest from venture capitalists.

“Some maturing ventures are now generating revenue, but many startup space companies have not yet definitively demonstrated business case success. The overall viability of the startup space ecosystem will be a critical topic in the next several years,” Bryce officials wrote in the report.

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