Vertical Snapshot: Space Tech Update

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This report was reuploaded on September 5, 2023, to update deal counts on pages 17 and 18.
 

Can any space tech startup catch up to SpaceX? 

While trips to Mars may be far out on the horizon, VC is still betting on the space tech sector. In a field dominated by SpaceX, can any startup break out and make a splash?  

PitchBook’s latest Emerging Tech Research lays out the key players and areas for potential growth and competition. These include startups working toward pharmaceutical usage in space to those working on launching more satellites. Broader consumer usage of space tech may still seem like a moonshot, but VCs have their eyes on the stars.