Coronavirus freezing funding for space companies and more than half may not make it, analyst says

Coronavirus freezing funding for space companies and more than half may not make it, analyst says

An Astra rocket on the launchpad in Kodiak, Alaska.

Astra | John Kraus

Years of private funding flowing into young and growing space companies has ground to a halt during the coronavirus pandemic, in what one firm describes as a “culling” of space companies backed by venture capital.

Investment in private space companies had seen a golden age in recent years, including a record nearly $6…

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