Investors have pumped nearly $1 billion into aerospace start-ups this year

Investors have pumped nearly $1 billion into aerospace start-ups this year

6 years ago
Anonymous $oIHRkISgaL

https://qz.com/1343920/investors-have-pumped-nearly-1-billion-into-aerospace-start-ups-this-year/

A US space radar company raised $13 million. A Chinese satellite-maker garnered $22 million. A European rocket-builder took in $35 million. Heck, a plan to send a robot to the moon received a $5 million capital injection.

Money is pouring into start-ups making spacecraft, aircraft, or building businesses around them, according to financial data firm Preqin. It’s an industry dominated by enormous public conglomerates like Boeing or Airbus, but venture investors are increasingly ready to take the risk that a disruptive new entrant can out-hustle the big players.

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