HON - Largest quarter ever for space infrastructure investment
"After the slowest quarter on record for [space infrastructure] investment since 2009, investment in this layer of the stack rebounded in Q3 to pre-COVID levels," Space Capital managing partner Chad Anderson wrote in the latest Space Investment Quarterly.$3.6B was brought in during the third quarter - the largest single quarter of investment on record - with more than half of that coming through SpaceX's (SPACE) $1.9B Series N funding round in August."With just three quarters booked, 2020 is already the largest year on record for infrastructure investment with $5.5B invested YTD.""The increased involvement of these tech companies will service as yet another catalyst for growth in this sector," Anderson added. "In the same way that every company today is a technology company, the companies of tomorrow will be space companies."Related: [[SPCE]], [[BA]], [[LMT]], [[AJRD]], [[MAXR]], [[IRDM]], [[NOC]], [[RTX]], [[HON]], [[LHX]], [[LDOS]], [[BLL]], [[LORL]], [[VSAT]], [[HEI]], [[TDY]], [[CACI]], [[ORBC]], [[GILT]], [[TRMB]],
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Largest quarter ever for space infrastructure investment