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Stock impact report

Commercial space companies have received $7.2 billion in government investment since 2000 [The Verge]

CLPS Incorporation (CLPS) 
Company Research Source: The Verge
Commercial space companies have received $7.2 billion in government investment since 2000 Early investments from a government agency, like or the Air Force, can be a crucial step in the evolution of commercial space companies from scrappy startups to successful businesses. That’s according to a new report from Angels The analysis reveals just how important a role the government still plays in the private space industry. It found that early public investment can sometimes be the difference between life and death for a company. “I think it’s really important for people to recognize that it isn’t just the private sector deciding to do something,” Chad Anderson, CEO of Angels, tells The Verge “The government has played a key role in the development of entrepreneurial space companies.” Angels made the report at the request of , as the agency wanted to know just how its investments over the last couple of decades have affected the private sector. Ultimately, Angels found that 67 space Show less Read more
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