Space investment tracker launched at New York summit
The role of space capabilities in environmental monitoring and the battle against climate change was stressed again during the Secure World Forum’s Summit for Space Sustainability in New York this…
The role of space capabilities in environmental monitoring and the battle against climate change was stressed again during the Secure World Forum’s Summit for Space Sustainability in New York this week.
New York summit
Whether for measuring greenhouse gas emissions, monitoring coastal erosion, tracking wildfires, or predicting moisture levels in the soil, satellites are a keystone of present and future climate change monitoring and adaptation efforts. In particular, the event highlighted the growing involvement of commercial space companies in measuring the effects of climate change or acting as a fact-checkers for Environmental Social Governance (ESG) commitments.
Many of these companies have developed and launched their satellite capabilities recently, thanks to private capital raised on the space financing market.
The space financing marketplace has grown at an outstanding pace in recent years, with many private investors taking an unprecedented interest in space startups and backing innovative ventures across the industry, from broadband and EO constellations to augmented analytics services, launchers, Human spaceflight, and many others.
Financing and Transactions Database
During the New York event, leading global strategy consulting and market intelligence firm Euroconsult, which specialises in the space sector and satellite-enabled verticals, launched its new Financing and Transactions Database, which aims to equip investors, governments and wider stakeholders with the means of tracking financing flows, active players (investors and funding recipients) and business models via a comprehensive dashboard.
The value for those accessing the comprehensive data platform will include the ability to quickly identify high-potential space start-ups attracting the most interest, track competitor activity, define financial strategies, analyze the health of different technological segments or geographical regions, access detailed market intelligence on recent mergers and acquisitions and much more.
The database is divided into two parts, with the first listing funding operations, such as private equity operations, debt, grants, SPAC (special purpose acquisition companies) mergers and IPOs (initial public offerings) along with related investment value, all searchable by filters including company activity, satellite application, investors, and country. The second part focuses on mergers and acquisition operations, again with a host of user-friendly search filters.
Euroconsult CEO Pacome Revillon stated: “This week has seen a topical focus on the ability of satellite technology to support Earth in yet another innovative method, through verifying and reinforcing the impact of corporations’ ESG commitments. Such information is proving valuable for investors around the world as they decide which companies and business verticals to invest in”.Subscribe to the FINN weekly newsletter