"2023 Sees Resurgence in Space Investment and Sector M&A, Report Finds"

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Source: CNBC
"2023 Sees Resurgence in Space Investment and Sector M&A, Report Finds"
Photo: CNBC
TL;DR Summary

Investment in the space sector rebounded in 2023, nearing the record high of 2021, with infrastructure accounting for 70% of total investment. Space infrastructure companies raised $2.6 billion in the fourth quarter, contributing to a total of $12.5 billion for the year. The report also highlighted 39 merger and acquisition deals in the sector, signaling a year of consolidation, with expectations for more M&A activity in 2024.

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