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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