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Strong US defense spending draws investors to space startups, report says

Summary by Reuters
Space startups continued to draw investor dollars in the April-June period, making it the second strongest quarter on record for funding, as increased U.S. defense spending is expected to boost the sector's prospects, an industry report showed on Monday.

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Space startups continued to attract investor cash in the April-June period, making that the second-strongest fundraising quarter on record, an industry report released Monday showed, as the outlook for the industry brightened as U.S. defense spending increased.

The momentum of US defense spending has brought another near-record quarter to the space startup market, according to a recent industry report from Seraphim Space.

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The Mighty 790 KFGO broke the news in on Monday, July 14, 2025.
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