Funding for space startups more than doubled in the first quarter as government spending remained robust setting the stage for the space economy to grow stronger, venture capital firm Space Capital said on Thursday.
April 11 -
"While we still have some consolidation to get through, the overall space economy is rebounding and it is now replete with a number of rising stars," said Chad Anderson, the venture capital firm's managing partner. The first quarter saw many milestones including SpaceX's successful Starship flight test to United Launch Alliance's launch of Astrobotic and Intuitive Machines'mission, which was the first touchdown on the lunar surface by a U.S. spacecraft in more than half a century.
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