As a consequence of changing trends and the foray of new technology, space industry investments have skyrocketed. In the last two decades, the progress of the technology industry has managed to achieve a renewed interest by institutions about space activities.
This at the same time has involved many researchers and scientists in what is considered a new global space race. This involves a multitude of public and private entities.
In fact, as shown in the graph of the infographic, taking into account what was mentioned by brycetechthe total value of investments made by the space industry in technology has grown exponentially in the last seven years.
Specifically, the value of the amount invested in space start-ups between 2015 and 2018 was approximately $11.1 billion. Until then, the reflection of the industry in terms of investments remained stable, however, this gradually changed.
During the last three years, almost 30 billion dollars and, in fact, 2021 took off in an impressive way compared to figures from the previous year, as investment exceeded 15.4 billion US dollarsa record that seems difficult to beat.
And it is a fact that the importance that this industry has gained in recent years has been enormous. Taking a fourteen-year period as a reference, specifically between 2000 and 2014, we find that only 6 billion dollars were considered for this branch. In other words, little more than double was invested in 2021.
However, specialists point out that the future of the industry could be far from the desired stability. BryeTech notes the following in this regard:
“While technology forays by startups continue to be well-supported by investors, risks around future performance include improved business models, uncertain customer bases, and generally long time horizons for space companies to mature. LSpace technology startups, with quarterly financial reporting requirements, face pressure to meet financial targets and may see share price impacts from not meeting them“.
For this reason, analysts suggest both corporate seniors and new companies to be careful in the face of these problems with the intention of not falling into risks of financial bias that force them to withdraw valuable investments.
Finally, it seems that this recent interest has been accompanied by other trends that imply a discovery outside known horizons. Technology, in another type of approach, has sought to go beyond these walls through different expressions, such as foray into the metaversesthe valuation of NFTs and the progressive loss of fiat money in substitution for digital money.
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