The space industry is entering a new era. No longer defined solely by national agencies and defense contractors, it now includes a fast-growing field of private innovators, venture-backed startups and visionary founders. In 2024 alone, startups in the sector brought in $8.6 billion in funding — a clear sign that investors are putting serious money behind commercial space companies and the people building them.
To continue reading this article:
Register now to read
3 free articles this month.
You’ll also receive our weekly Editor’s Choice, SpaceNews This Week and Opinions newsletters. Opt-out at any time.
Get unlimited access to SpaceNews.com, the SpaceNews app and our digital monthly magazine for less than $5 per week.
$280
Cancel anytime. Sales tax may apply. No refunds. Terms and conditions apply.