Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / HON - Largest quarter ever for space infrastructure investment


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]],

For further details see:

Largest quarter ever for space infrastructure investment
Stock Information

Company Name: Honeywell International Inc.
Stock Symbol: HON
Market: NYSE
Website: honeywell.com

Menu

HON HON Quote HON Short HON News HON Articles HON Message Board
Get HON Alerts

News, Short Squeeze, Breakout and More Instantly...