Explosion in VC Funding, The Year of Commercial Space Travel and Earth Observation for Everyone
Chad Anderson, CEO, Space Angels
Investment in the satellite and space industry has evolved from traditional government sources to backing by a couple of billionaire Unicorn investors, and now to an explosion in venture capital and angel investors driving the industry. This new wave of funding has taken the industry from a dozen or so privately funded space companies globally in 2009 to 435 today, that have received over $20 billion in investment. Chad Anderson, CEO of Space Angels discusses many of the exciting trends occurring in the space industry including where investment funding is going, and more importantly why. He talks about his prediction that 2018 would be the year of SmallSat and that 2019 will be the year of Commercial Space Travel. Chad also discusses the potential for earth observation to follow the path of GPS and become tightly intertwined in our everyday lives.
Ep #48 – Duration: 28 min