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Companies hit record $14.5 billion in 2021

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A rendering on a Dream Chaser spaceplane in orbit.

Sierra Space

Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital.

Space infrastructure companies received $14.5 billion of private investment in 2021, a new annual record that was up more than 50% from 2020. That includes a record-setting fourth quarter, which brought in $4.3 billion thanks to “mega-rounds” of $250 million or more by Sierra Space, Elon Musk’s SpaceX, and Planet Labs.

The quarterly Space Capital report divides investment in the industry into three technology categories: infrastructure, distribution and application. Infrastructure includes what…



Source cnbc.com

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