SpaceX received $500 million of the nearly $1 billion in investment raised by commercial space companies during the first quarter of 2018, according to the Space Investment Quarterly report from Space Angels.
“SpaceX shows no signs of slowing down—after the inaugural flight of the Falcon Heavy, the company secured $500 million from Fidelity Investments to drive development of their satellite communications network, Starlink,” the report added.
WATERLOO, Ont., February 1, 2018 (SkyWatch PR) — SkyWatch Space Applications Inc. (“SkyWatch”), a Waterloo-based startup, announced today it has raised $4M CAD [$3.2M USD] to continue the development of the world’s largest aggregation and distribution platform for satellite data. Their innovative distribution platform, EarthCache, allows companies to cost-effectively integrate Earth observation satellite data into their applications, while empowering satellite operators to efficiently distribute data to new and previously underserved markets. The financing was led by Sinai Ventures and Space Angels, with participation from Golden Venture Partners, Techstars Ventures, SK Ventures, Globalive Capital, and ARC Angel Fund.
I realize it’s a bit late, but here’s a look back at the major developments in space in 2017.
I know that I’m probably forgetting something, or several somethings or someones. Fortunately, I have eagle-eyed readers who really seem to enjoy telling me just how much I’ve screwed up. Some of them a little too much….
So, have at it! Do your worst, eagle-eyed readers!
The Next Generation Suborbital Researchers Conference was held in Colorado earlier this week. I wasn’t able to attend this year, but the following folks tweeted the sessions:
Jeff Foust @jeff_foust Rand Simberg @Rand_Simberg Colorado Space News @CO_Space_News Laura Seward Forczyk @LauraForczyk
Below are summaries of a number of talks based on their tweets. The talks included Erika Wagner of Blue Origin, Dylan Taylor of Space Angels, John Quinn of Exos Aerospace, Tim Lachenmeier of Near Space Corporation, Lewis Groswald of the University of Colorado Boulder, and Alain Berinstain of Moon Express.
HOUSTON, Oct. 3, 2017 (NanoRacks PR) – NanoRacks is excited to announce that the Company has successfully closed a Bridge Round, lead by Space Angels, the leading source for capital for early-stage space ventures. Space Angels’ investment in NanoRacks will lead to the acceleration of NanoRacks Commercial Airlock Module manufacturing.
“We are very pleased to have Space Angels on board with NanoRacks, and specifically, the world’s first commercial Airlock in space,” says NanoRacks CEO Jeffrey Manber. “This investment will expedite our production, and it’s wonderful to have Space Angels invested in this landmark program to enable the future of commercial space.”
NEW YORK (Space Angels PR) — Space Angels today announces that Jason Hodges, tech entrepreneur and early-stage space investor, has been elected to the Space Angels board. “Jason’s passion for space, along with his extensive experience in technology development, marketing, and business strategy brings a valuable perspective to the Space Angels board. We’re very excited to have him on board,” said Chad Anderson, Space Angels CEO.
Mr. Hodges is a seasoned technology entrepreneur, having founded multiple startups including ShipStation, an eCommerce software company which was acquired in 2014. His passion for commercial space, as both an enthusiast and investor, makes him a natural fit for the Space Angels organization. In addition to being one of most active early-stage investors in the space sector, Jason is also a Virgin Galactic Future Astronaut and World View Voyager.
Jason added, “I believe that now is the perfect time to participate in the rapidly growing commercial space industry, and Space Angels is the clear leader in providing access to early stage ventures. I have tremendous respect for the Space Angels team, and I’m honored to be joining their board.”
About Space Angels
Space Angels is a global network of angel investors focused exclusively on early-stage commercial space ventures. Led by CEO Chad Anderson, Space Angels’ unique and powerful web platform makes it easy for accredited investor members to discover, select, and invest in the best space startups on (or off) the planet.
Space Angels Network, LLC, a national network of seed- and early-stage investors focused on aerospace-related ventures, announced today its initial group of â€œFounding Membersâ€â€”individual accredited investors with significant experience in aerospace ventures.
â€œSince our Founding Members form the core of our organization by actively helping with strategic advice, deal flow, and membership recruitment, we sought individuals with extensive experience in both angel investing and also aerospace ventures,â€ said Guillermo SÃ¶hnlein, founder and managing director of Space Angels Network. â€œThey play a critical leadership role in screening deals, conducting due diligence, and negotiating terms. We value their time and commitment, and we look forward to working with them as we grow our community of aerospace-focused accredited investors.â€