A Closer Look at Which Space Companies U.S. VC’s are Investing in

Falcon 9 launches the Dragon CRS-9 mission to the International Space Station. (Credit: NASA)
Falcon 9 launches the Dragon CRS-9 mission to the International Space Station. (Credit: NASA)

NASA’s new publication, “Economic Development of Low Earth Orbit,” consists of a series of papers that examines a number of important policy questions that will be of rising importance as NASA transitions human spaceflight in LEO to the private sector.

One of the papers, “Venture Capital Activity in the Low-Earth Orbit Sector,”
has detailed information on what U.S. venture capitalists have invested in. Key excerpts from the paper follow.
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XCOR Gets First Institutional Investor

XCOR PRESS RELEASE
20 August 2008

XCOR Aerospace today announced that Desert Sky Holdings has become the first institutional investor in the aerospace company.  Desert Sky Holdings follows the Boston Harbor Angels investment in XCOR last year, as well as continuing investment from well-known angel investors and industry trend setters such as Esther Dyson.

“Desert Sky’s commitment to XCOR is an important vote of confidence in the company,” says XCOR’s new Chief Operating Officer, Andrew Nelson, a former Morgan Stanley banker.

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