MOUNTAIN VIEW, California — Investors in the New Space sector largely agreed that 2018 would be a key year to determine which smallsat startups are able to demonstrate financial viability and which are picked up in what may be a series of mergers and acquisitions.
With some of the larger aerospace and defense companies having accumulated large warchests, and the smallsat sector now being forced to prove profit-and-loss business credibility, the moment seems ideal for industry consolidation, said Paul Leggett, managing director at Mithril Capital Management.
“At least . . .
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