The Space Capital Podcast

Welcome to the newest episode of the Space Capital Podcast, where we will review the Q4 2025 Space IQ Report: our quarterly analysis of startup activity and investment trends in the space economy. For the last decade, the space economy has been defined by promise. In the next decade, it will be defined by utility. We close the books on 2025 tracking $17.0 billion invested across 135 rounds in Q4 alone, bringing the year to a record $55.3 billion. The data is unequivocal: The skepticism phase is over. We are no longer just building the rails—we're running the trains. What This Quarter Reveals: The latest Space IQ shows 2025 closing as a top-three investment year, with capital flowing decisively toward companies solving hard problems and defense-driven infrastructure. Key insights: Q4 delivered $17.0 billion across 135 rounds, with high-conviction capital replacing easy money as markets rejected plays without robust unit economicsHeavy-lift competition arrived as Blue Origin's New Glenn recovery ended the single-provider bottleneck; Europe's Project Bromo consolidation signaled the end of cost-plusApplications hit $30.2 billion driven by $24.7 billion in GEOINT, as space met AI at scale and "world models" became the new frontierStrategic competition established a permanent floor for investment, with maneuverability becoming the most valuable currency in orbit under Golden Dome This report offers a closer look at how the market is evolving from access to integration—and what it means for the future of the Space Economy.

Welcome to the newest episode of the Space Capital Podcast, where we will review the Q2 2025 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. Space Capital's Chad Anderson and Justus Kilian are going to walk through the results published in our Q2 2025 Space Investment Quarterly. The Q2 2025 Space IQ distills the noise into clear takeaways and actionable data for investors, operators, and policymakers. Q2 2025 Space Investment Quarterlyhe Space Economy YouTube

Chad Anderson, Managing Partner of Space Capital dives into the highlights of Q1 2025 and reflect on a transformative quarter for the space economy. From record investments and the rise of AI-powered geospatial intelligence, we explore the trends shaping the future of the space economy. Resources: https://www.spacecapital.com/space-iq

Welcome to the newest episode of the Space Capital Podcast, where we will review the Q3 2024 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. Space Capital's Chad Anderson and Justus Kilian are going to walk through the results published in our Q3 2024 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Q4 2024 Space Investment QuarterlyThe Space EconomyYouTubeHere are links to replay thepublic Summit panels

Welcome to the newest episode of the Space Capital Podcast, where we will review the Q3 2024 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. Space Capital's Chad Anderson and Justus Kilian are going to walk through the results published in our Q3 2024 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Q3 2024 Space Investment QuarterlyThe Space EconomyYouTubeHere are links to replay thepublic Summit panelsDownload now

In this episode of The Space Capital Podcast, host Chad Anderson delves into the burgeoning space economy with Nikolai Khlystov, lead for space at the World Economic Forum. Together, they explore the findings of a groundbreaking report that projects the space economy to reach a staggering $1.8 trillion by 2035. Nikolai shares insights on how space technologies are becoming increasingly ubiquitous, transforming industries far beyond traditional aerospace, and contributing to solving some of the world's most pressing challenges. From ride-hailing apps to disaster response, this conversation illuminates the far-reaching impact of space-based technologies and their potential to reshape our global economic landscape. Show Notes: LinkedInSpace: The $1.8 Trillion Opportunity for Global Economic GrowthSpace: The $1.8 trillion opportunity for global economic growthThe Space EconomyHere are links to replay thepublic Summit panelsDownload now.

In the newest episode of the Space Capital Podcast, the team at Space Capital, including our former intern Tycho Bogdanowitsch, discusses the significant impact of SpaceX's Starship on the space economy, emphasizing its unprecedented capabilities and the challenges it presents. The conversation highlights how Starship's ability to launch massive payloads could revolutionize space exploration and infrastructure, while also posing regulatory, technical, and market challenges that need to be addressed. The episode underscores the importance of forward-thinking strategies and innovation in harnessing the full potential of this groundbreaking technology. Show Notes Check out and download The Next Giant Leap to learn more! Buy The Space Economy wherever you buy books to learn more! With over 150 LPs, portfolio CEOs, and industry leaders in attendance, the 2024 Space Capital Summit tackled important topics like the role of AI in leveraging geospatial data and the coming impact of SpaceX's Starship. Here are links to replay the public Summit panels. Unlock the future of space technology with "The Race for Space Superiority." This report explores the critical role of innovation and investment in maintaining national security and driving economic growth. Download now.

Welcome to the newest episode of the Space Capital Podcast, where we will review the Q2 2024 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. Space Capital Partners, Chad Anderson and Justus Kilian are going to walk through the results published in our Q2 2024 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Show Notes Download the Q1 2024 Space Investment Quarterly Watch the Space IQ playlist on YouTube ere are links to replay the public Summit panelsDownload now

Welcome to the newest episode of the Space Capital Podcast, where we will review the Q1 2024 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. Space Capital Partners, Chad Anderson and Justus Kilian are going to walk through the results published in our Q1 2024 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Show Notes Download the Q1 2024 Space Investment Quarterly Watch the Space IQ playlist on YouTube

In the newest episode of the second season of the Space Capital Podcast and this is the Q4 2023 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. Space Capital Partners, Chad Anderson and Justus Kilian are going to walk through the results published in our Q4 2023 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Show Notes Download the Q4 2023 Space Investment Quarterly Watch the Space IQ playlist on YouTube Buy The Space Economy wherever you buy books

In the newest episode of the second season of the Space Capital Podcast and we’re speaking with Sean Gorman, co-founder and CEO of Zephr, a company that is developing a novel network-based approach to augmenting GPS to focus on improving the accuracy and resiliency of GPS/GNSS for mobile phones and wearables. Learn more about the past, present and future of GPS and its impact on the world in today’s podcast. Company website: https://www.zephr.xyz/ Hear from Zephr Founder Sean Gorman: GPS: the technology we all use that is never good enough Space Capital GPS Playbook

In the newest episode of the second season of the Space Capital Podcast and this is the Q3 2023 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. We are going to walk through the results published in our Q3 2023 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Show Notes Download the Q3 2023 Space Investment Quarterly Watch the Space IQ playlist on YouTube Buy The Space Economy wherever you buy books

In this seventeenth episode of the second season of the Space Capital Podcast and we're speaking with Stephane Germain, he's the co-founder and CEO of GHGSat. Stephane. Space Capital first invested in GHGSat back in 2018, and was featured on the podcast in 2020. Since then, GHGSat launched several new satellites and products, and has firmly established the company as the global leader in greenhouse gas emissions monitoring. Learn more about how GHGSat is leading the way in monitoring greenhouse emissions in today’s podcast. Company website: https://www.ghgsat.com/en/ Check out our first interview with GHGSat: Climate Sats GHGSat completes Series C1 funding GHGSat orders four more greenhouse gas monitoring cubesats from Spire

This is the Space Capital podcast and today we’ll discuss the Q2 2023 Space IQ, our quarterly review of startup activity and investment trends in the space economy. We will walk through the results published in our Q2 2023 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes in the space economy. Download the Q2 2023 Space Investment Quarterly Watch the Space IQ playlist on YouTube Buy The Space Economy wherever you buy books

In the 15th episode of the Space Capital podcast, our guest host Justilian, partner at Space Capital is speaking with Brian & Seyka Mejeur, co-founders of AdAstra, a company specializing in talent advisory for space and clean tech startups. Learn more about the importance of talent in this podcast and with the additional links below. Company website: https://adastra.us/ Space Talent Spotlight: Brian Mejeur

In the 14th episode of the Space Capital podcast, we are speaking with Alon Grinspoon, founder and CEO of echo3D, a 3D asset management platform helping developers manage and stream 3D AR/VR content. We invested in echo3D in the fall of 2021, and the company's backed by a great syndicate of investors, including Convoy Ventures, Qualcomm Ventures, Verizon, 5G Lab, and others. Learn more about the future of 3D content and its impact on the world in today’s podcast. Company website: https://www.echo3d.com/ Learn how to quickly create real-time cloud-connected 3D/AR/VR apps in a few simple steps. https://youtu.be/yw8RN6E7bjE Introducing Apple Vision Pro https://youtu.be/TX9qSaGXFyg Register for echo3D’s free tier to create and build 3D content that could be live in 15 minutes or less.

In the 13th episode of the Space Capital Podcast, we'll discuss some of the key trends and big ideas that we believe are driving growth in the space economy and how we're thinking about them. Chad Anderson, Tom Ingersoll, and Justus Kilian, Space Capital Managing Partners will examine how global economic headwinds are impacting the category. Which industries are most affected and which are best positioned to weather the storm?

In this 12th episode of the second season of the Space Capital Podcast, we’re breaking from our standard format to discuss the launch of our new book - The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime from Space Capital Managing Partner, Chad Anderson. The new Space Age has already begun, but there is still time for you to get in early. In The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime, accomplished venture capitalist and Space Capital founder Chad Anderson offers investors, entrepreneurs, and aspiring professionals powerful tools and information for understanding how space-based technologies have, and will continue to, transform enterprise, government, and consumer markets for decades to come. www.thespaceeconomy.comOrder from AmazonOrder from Barnes & Noble

This is the Space Capital podcast and this is the Q4 2022 Space IQ review, our quarterly analysis of startup activity and investment trends in the space economy. We are going to walk through the results published in our Q4 2022 Space Investment Quarterly, explore current market dynamics, and deep dive into specific themes with industry leaders in Satellite communications and Geospatial intelligence. Q4 2022 Space Investment QuarterlyThe GEOINT PlaybookYouTubeSpace TalentSpace Talent Jobs Board