Quilty: Satellite/Space investments surge in Q1
May 6, 2021
By Chris Forrester
Quilty Analytics in their survey of Q1 activity in the space and satellite sector says that cash from public and private space investments continued to surge in Q1.
Quilty’s core Satellite & Space Index, and which included examination of 27 publicly traded and space-related businesses, outperformed the major indices. The Quilty Monitor grew 26 per cent in Q1 versus the S&P 500’s gain of 6 per cent in 2020.
“In the quarter, there were 13 space-related acquisitions/buy-outs totalling $10.4 billion in disclosed transaction enterprise value (TEV), 43 equity financings totalling $2.7 billion in disclosed funding, and 8 public equity-related transactions totalling $3.0 billion in equity financing raised,” stated Quilty.
Investment is running at +31 per cent y-o-y, says the report with $5.7 billion (up 356 per cent y-o-y) coming into the industry from 51 deals.
Its key Q1 themes were:
- LEO Broadband comeback
- Space SPAC activity peaks
- Satcom service providers exit BK
- PE consolidation continues
Other posts by :
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price
- Ukraine wants its own LEO system
- SpaceX outlines Starlink cellular delivery plan
- NAB vs CTIA on C-band release
- Laser terminals to operate at 100x faster
