Tag: NewSpace Capital
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Europe Faces Skepticism Over Viability of IRIS² Satellite Constellation Amid Push for Space Autonomy
Despite growing enthusiasm in Europe for achieving autonomy in space infrastructure, significant doubts remain about the feasibility of IRIS², a major government-backed satellite communications constellation project aimed at providing secure connectivity across Europe. The Infrastructure for Resilience, Interconnectivity and Security by Satellite (IRIS²) initiative, backed by a consortium known as SpaceRISE, aims to deploy a…
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Europe Urged to Boost Space Industry Funding to Avoid Missing Growth Opportunities
Europe must enhance its capital allocation strategies for the space industry to capitalize on burgeoning early-stage investments, cautioned Bogdan Gogulan, CEO of Luxembourg-based private equity firm NewSpace Capital. Recent findings from the European Space Policy Institute (ESPI) reveal that Europe averaged 96 investment deals annually for space companies over the past three years, trailing slightly…