TAMPA, Fla. \u2014 Large infrastructure funds are \u201ccarefully looking\u201d into entering the space sector, Seraphim Space CEO Mark Boggett said March 23, giving early-stage investors more confidence to back ambitious startups that may later need billions of dollars to scale.<\/p>\n
Speaking at the Satellite Conference in Washington D.C., Boggett said growing interest from institutional investors is creating a new floor of capital for the maturing industry, which SpaceX\u2019s potential IPO this year could accelerate.<\/p>\n
\u201cSpace tech has now broken through this glass ceiling and is now becoming a permanent institutional allocation,\u201d he said.<\/p>\n
Private investment in the sector soared 48% year-on-year to about $12.4 billion in 2025, according to Seraphim analysis covering companies across the value chain, including space-enabled applications such as ride-hailing service Uber.<\/p>\n
The total surpasses the previous peak in 2021 in a rebound Boggett said reflects a broader and more durable funding base as capital increasingly flows into infrastructure-heavy segments.<\/p>\n
A potential public listing this year that could value SpaceX at more than $1.5 trillion would further validate the sector, he added, possibly lifting valuations across the industry.<\/p>\n
Even with the hefty valuation Elon Musk is aiming for, he pointed to \u201cconsiderable upside\u201d for SpaceX as it pushes into orbital data centers<\/a> and other infrastructure tied to artificial intelligence.<\/p>\n Boggett also argued that there remains plenty of room to compete with SpaceX, even in launch.<\/p>\n \u201cWe\u2019ve got a single player that\u2019s dominating the market that is increasing the cost of launch,\u201d he said, \u201cso there needs to be more competition to continue driving that price downwards.\u201d<\/p>\n Sovereign push<\/strong><\/p>\n Virtually every country wants its own launch capability so it can rapidly replace satellites lost in a war environment, Boggett continued, and nowhere is a shift toward sovereign capabilities more visible than in Europe.<\/p>\n \u201cWe\u2019ve never seen anything like this before,\u201d he said, \u201cIt\u2019s a new period of time in Europe, and there is this very significant opportunity for earlier stage companies\u201d that can deliver reliable, low-cost space capabilities quickly using regionally sourced components.<\/p>\n \u201cI think, particularly with what\u2019s going on in the Middle East<\/a> at the moment, that the attention is being turned to other regions wanting their own Golden Domes,\u201d Boggett added, referring tothe Pentagon\u2019s $185 billion missile defense initiative<\/a>.<\/p>\n He also said the increasing reliance of governments on commercial providers will help drive the emergence of a new generation of \u201cneo-primes\u201d similar to those seen in the United States.<\/p>\n \u201cWe\u2019re going to see more Palantirs and more Andurils effectively being created as governments get themselves comfortable with individual names,\u201d he added, pointing to how Indian startup Pixxel recently secured a contract to develop and operate an Earth observation constellation for the country\u2019s government.<\/p>\n \n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"TAMPA, Fla. \u2014 Large infrastructure funds are \u201ccarefully looking\u201d into entering the space sector, Seraphim Space CEO Mark…\n","protected":false},"author":2,"featured_media":400794,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270],"tags":[18,3111,19,17,181444,133,103478,3977,451],"class_list":{"0":"post-400793","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-eire","9":"tag-fundraising","10":"tag-ie","11":"tag-ireland","12":"tag-satellite-conference","13":"tag-science","14":"tag-seraphim-space","15":"tag-sn","16":"tag-space"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116282346946858813","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/400793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=400793"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/400793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/400794"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=400793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=400793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=400793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}