What Happened
Investors Pour Money Into Launch Providers And Infrastructure Ventures
Space startups have secured a record $20.8 billion in funding in the third quarter, with investors pouring money into launch providers, manufacturing, and other infrastructure ventures. The figure is nearly triple the $7.4 billion invested in the second quarter, and more than double the prior peak. According to a report by Seraphim, the funding was driven by a growing pipeline of commercial orders and government-backed programs. This was first reported by The Express Tribune.