Space investment rebounded in 2023 with heavy sector M&A, report says
Publishing timestamp: 2024-01-16 11:56:19
Summary
The investment in the space sector rebounded in 2023, with $12.5 billion raised, surpassing the previous year's amount but still below the record-high investment of 2021. Space infrastructure companies remained resilient, and there were 39 merger and acquisition deals in the sector. The report predicts that there will be more consolidation and failures in the space capital markets in 2024.
Sentiment: NEUTRAL
Keywords: space industry, breaking news: technology, business news, viasat inc, breaking news: business, breaking news: investing, the edge, transportation, technology, investment strategy, science, l3harris technologies inc, aerospace and defense industry, business,
Source: https://www.cnbc.com/2024/01/16/space-capital-investment-report-2023-rebound-and-heavy-ma.html