Aerospace Industry Witnesses Rising Growth
In the last few years, the Aerospace industry has witnessed great growth. Since 2021, private and public markets have raised almost $10 billion in capital for work at space companies. These investments have led to a rising wave of energy growth accompanied by innovation throughout the space ecosystem.
With the growing economy, it has noticed great growth in customer behavior. Most civilians and military customers have sought to move quickly and shift to industry partners more than that in the past.
From 2012 to 2021 the total annual investments grew from $10 billion to its existing $300 million. The investment lagged in the first half of 2022, however, stayed steady with the historic standards indicating the sector may show resilience despite the challenges in the current market environment.
With advances in launch services and in-space infrastructure, investors look forward to Low Earth Orbit (LEO) as the next frontier of investment opportunities. Various customers and investors point to the cislunar aerospace as the key to the next decade’s growth opportunity.