The most important news in space business aren’t Richard Branson and Jeff Bezos’ suborbital joy rides. It’s the decision by Planet, the satellite data company, to go public after being bought by a special-purpose acquisition company (SPAC), DMY Technology Group.Planet is the most mature space company to come to market—it had more than $114 million in revenue last year, which is more than comparable new space businesses that went public through SPACs: Virgin Galactic, a suborbital tourism company, earned $238,000; Spire, another satellite imaging firm, earned $29 million; and Rocket Lab, the launch vehicle maker, earned about $35 million.It’s also doing the most to mainstream space business,
Hence then, the article about the real opportunity in space business is data not tourism was published today ( ) and is available onQuartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( The real opportunity in space business is data, not tourism )