2021 will be record year for NewSpace company
Published on Wed, 01.09.2021 – 21:41 CEST in Financials, covering Capitol MomentumIn its NewSpace Business Update HY1 2021 published yesterday (August 31), our partner Capitol Momentum analyzed a total of 121 companies in the German NewSpace ecosystem over the first half of 2021. The industry as a whole is still very young, with 69 percent of the companies analyzed less than ten years old and 40 percent only up to five years old. Nevertheless, a total of around 98 million euros was invested in projects in the first two quarters of 2021. Measured by previous standards, this is a record.
A total of almost 150 headlines related to the commercialization of space were analyzed. The majority of the reports related to operational activities, but financing and strategic partnerships were also reported on almost daily on average. This shows that the momentum of the German NewSpace industry is continuing despite all the existing challenges.
As can be read in the report, a maturing process of the market can also be seen, as the financing rounds shifted slightly from Seed to Series-A, and in some cases even to Series-B. On the one hand, this indicates an increased interest in NewSpace from investors outside the industry. On the other hand, it shows that there is an increasing willingness to invest in this still new market. The report highlights Porsche SE's investment in Munich-based microlauncher manufacturer Isar Aerospace as a particular example.
The focus of the analysis now available is on innovative upstream companies, which in total account for 49 percent of the German NewSpace industry studied. These are pioneers in innovative manufacturing processes for small satellites, industrial automation, robotics and space habitats. However, they also focus on Human System Integration (HSI). The goal of HSI is to optimize the overall performance of a system, taking into account hardware, software and human performance.
In addition to listing individual financing rounds, the NewSpace Business Update also provides an interesting insight into the German NewSpace ecosystem. Among other things, contracts awarded, transactions and business relationships are presented in a clear and descriptive manner. In addition, the two authors Nina Stary and Maria Jahnke take a look into the future with updates on commercial launches and upcoming space industry conferences.
From the contents:
- German Funding Deals
- Contracts and public funding
- Business Milestones and Commercial Customers of German NewSpace Companies
- New strategic alliances
- Promising NewSpace Startups
- Updates on commercial launches
- Upcoming space industry conferences
via Capitol Momentum
