The FT coverage picked up on some key observations from the Seraphim Space Index for the year to 31st March 2021 released today.
11 space-related companies have announced their SPAC mergers. Collectively, these companies are set to attract more than $7bn of equity funding as and when they complete their planned SPAC mergers.
In the context of 2020 having seen a total of $7.7bn of private capital invested across the entire SpaceTech industry, the newly developed appetite by public market investors for space companies represents a major paradigm shift for the wider SpaceTech ecosystem.
The full index can be found via the link below:
Total venture capital investment in the field increased by 95 per cent to $8.7bn in the 12 months to the end of March, according to the Seraphim SpaceTech index, a quarterly tracker of private funding deals in the sector