Space Angels, the angel investment platform that is the source of private capital and investor intelligence for the Space economy, is changing its branding structure, as the company moves forward with ambitious growth plans, including a stronger focus on institutional investors and new commercial opportunities being created by the increasing convergence between Space and terrestrial technologies, the company said.
Effective immediately, the company will now be led by its Space Capital brand, an early stage venture capital firm for institutional investors. Space Capital is currently raising a new USD 50 million fund focused on three emerging hotspots: GPS, geospatial intelligence, and space-based communications.
Space Angels and the online career platform, SpaceTalent.org, will become sub-brands to Space Capital. Space Angels will continue to serve as the industry´s investing platform for angel investors in the Space economy.
Under this new branding structure, Space Capital recently released a forecast of the top emerging markets in commercial Space over the next decade. The report, called “The GPS Playbook,” was co-authored with Silicon Valley Bank and released in March. It highlights three developing fields with outsized economic potential for investors:
— GPS, specifically the convergence of GPS with computer vision technology, which Space Capital predicts will lead to the mass adoption of augmented reality. The AR revolution will especially impact the gaming, consumer technology, transportation, and navigation industries.
— Geospatial intelligence, which the report predicts will be the “next GPS,” following an economic development path similar in size and scope to its trillion-dollar predecessor. Also known as Earth observation data, this technology is expected to launch countless new applications and businesses, the way GPS laid the groundwork for companies like Uber, Grubhub, and Bird.
— Space-based communications, which are on track for extensive commercialization as downstream developers democratize these technologies for businesses and consumers. According to the report, the total combined equity value of geospatial technology and space-based communications will surpass USD 1 trillion in the next 10 years.
Space Capital (www.spacecapital.com) is an early stage venture capital firm investing in the Space economy, specifically focused on unlocking the value in Space technology Stacks such as GPS, Geospatial Intelligence, and Communications.