“There are a lot of satellite-on-satellite conjunctions; it’s less than 10% today but the paradigm is shifting,” Feyzi told TechCrunch (by “conjunction,” he’s referring to situations when spacecraft orbits overlap). “The sheer number of conjunctions is increasing, because we’re tracking more objects and there are more active satellites — and we expect that to get worse.”
As the number of satellites in the sky grows, operators can no longer rely on the time-intensive solutions they previously used to decrease the odds of an in-space collision occurring. That’s where Kayhan comes in. Click the link above to learn about how they’re attempting to fix this problem.
While broader market conditions are disproportionately affecting funding in deep tech — which includes high capex industries like launch and “emerging industries” (think private space stations and orbital debris mitigation) — geospatial intelligence and remote sensing companies are well positioned to withstand these trends, the quarterly report found.
Overall, $3.4 billion was invested in 79 space companies this quarter, representing a 44% decline from the same period last year. While total investment declined, early-stage investments increased by 24% versus the same period. Total rounds also saw a 26% decrease YTD compared to the same quarter last year.