From MoneyWeek · · 1m 10s
New Space Race for Investors
Space investment opportunities surge as costs drop and countries race to access space.
In brief
Space investment opportunities surge as costs drop and countries race to access space. Space investment is booming as satellite costs fall, enabling global participation and creating vast opportunities across industries. Originally reported by MoneyWeek.
Space Investment Opportunity
Mark Boggett, CEO and co-founder of Seraphim, says space investment is now accessible to every country due to falling satellite launch costs.
“It's now possible for every country to participate in space, because you can build satellite constellations now for low-millions of dollars”
Global Space Participation
Countries are rapidly building sovereign capabilities to access space, no longer sitting out the opportunity.
Space Technology Impact
Space technology is driving mega themes like defence, climate, sustainability, smart cities, food security, and retail, oil and gas, mining, logistics.
Space and Defence
Ukraine used SpaceX's Starlink for battlefield communications and ICEYE's microsatellites to scan territories during the Ukraine-Russia war.
Space Investment Scope
Boggett highlights companies developing nuclear power, cell towers, AI data centres, and space solar farms as key space investment areas.
Space as Cross-Industry Catalyst
Space is impacting every industry, with AI facilitating capabilities that affect all sectors, similar to how space is reshaping the economy.
In short
Space investment is booming as satellite costs fall, enabling global participation and creating vast opportunities across industries.
