Investment in Space Startups Hit $7.6B in 2020: BryceTech

Startup space companies got $7.6 billion in investments in 2020, with most of it coming from venture capital, said a BryceTech report Thursday. It said 124 companies received funding, 38% of them U.S. firms that netted 67% of the total financing. SpaceX was the single largest recipient, receiving 30% of the funding, followed by OneWeb and Blue Origin, it said. BryceTech said counting debt financing and acquisitions, $26 billion was invested in space startups from 2000 to 2020 -- $22 billion since 2015.