Valery Komissarov, a VC at the Skolkovo Foundation, shares his thoughts on the latest trends in the space industry and the most up-and-coming space startups around the world with VentureBeat.
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I’m a VC at Russia’s government-backed startup community Skolkovo, where I focus on spacetech and drones. So I’ve been watching the global surge in spacetech investments closely. And what’s clear is that we’ve entered a virtuous cycle in spacetech, where VCs are encouraged enough by a handful of successes to invest further in the sector, and, as a result, we’re seeing more startups emerge to produce more successes.
We now have private companies building reusable rockets, providing global Internet access via satellites, and exploring numerous other space-based businesses. Space-related startups are no longer just a bunch of aerospace engineers lacking business experience. They are ambitious companies with successful track records and world-changing plans.
To read the full article, visit VentureBeat where it was first published.