For investor RRE Ventures, satellite communications may be the next New Space focus

by Peter B. de Selding

BRUSSELS, Belgium — A principal with a well-known venture-capital company active in the space sector said satellite communications, which up to now has been ignored by venture investors, appears ready for a New Space-style shakeup.

But Earth observation and launch vehicles, he said, are nearing saturation as new investment opportunities.

Will Porteous, a general partner at New York-based RRE Ventures, said RRE as yet has no stake in the conventional satcom industry but is looking at a couple of opportunities to enter the business at a . . .

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