Aug 31, 2021 - Economy & Business The state of space startups
Illustration: Annelise Capossela/Axios
Space startups garnered record investment last year, according to a new report.
Why it matters: The influx — despite the coronavirus pandemic — shows that investors are still interested in the growing industry and see relatively young companies as worthy of funding.
State of play: Space startups brought in about $7.6 billion in investment last year, breaking the 2019 record of $6.5 billion, according to a report from BryceTech.