Introducing Space Capital
Today, we are introducing Space Capital as the new lead brand for Space Angels and Space Talent. Effective immediately, the firm will now be led by its Space Capital brand, an early-stage venture capital firm for institutional investors. Space Capital is currently raising a new $50 million fund focused on three emerging hotspots: GPS, geospatial intelligence, and space-based communications. You can now go to www.spacecapital.com to learn more.
Space Angels and the online career platform, SpaceTalent.org, will become sub-brands to Space Capital. Space Angels will continue to serve as the industry’s leading investing platform for accredited investors in the Space economy. Space Talent remains the career platform and central node for space industry jobs from 200 companies across 33 countries.
“The Space Capital brand reflects our company’s evolving strategy in a rapidly advancing Space economy,” said Chad Anderson, founder/managing partner of Space Capital and CEO of Space Angels.
Under this new branding structure, Space Capital recently released its Q1 2020 Space Investment Quarterly and a report forecasting the top emerging markets in commercial Space over the next decade. The report, called “The GPS Playbook,” was co-authored with Silicon Valley Bank and released in March. It highlights three developing fields with outsized economic potential for investors:
— GPS, specifically the convergence of GPS with computer vision technology, which Space Capital predicts will lead to the mass adoption of augmented reality. The AR revolution will especially impact the gaming, consumer technology, transportation, and navigation industries.
— Geospatial intelligence, which the report predicts will be the “next GPS,” following an economic development path similar in size and scope to its trillion-dollar predecessor. Also known as Earth observation data, this technology is expected to launch countless new applications and businesses, the way GPS laid the groundwork for companies like Uber, Grubhub, and Bird.
— Space-based communications, which are on track for extensive commercialization as downstream developers democratize these technologies for businesses and consumers. According to the report, the total combined equity value of geospatial technology and space-based communications will surpass $1 trillion in the next 10 years.
For more information about Space Capital, visit www.spacecapital.com. To read Space Capital’s GPS Playbook report, go to https://www.spacecapital.com/publications/the-gps-playbook-report. To view the Q1 2020 Space Investment Quarterly report, go to https://www.spacecapital.com/publications/space-investment-quarterly-q1-2020.
