BRUSSELS — The stated goal of the just-created Euronext Helios Space Index is to shine a light on otherwise ignored European space-technology companies and encourage privately owned startups to look to a stock-market introduction to raise funding beyond the seed and early rounds.
It’s a good idea, especially since European space startups have long complained that while early-stage funding is available to them, getting support after they have started revenue generation and need to expand is much more difficult than in the United States.
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