Satellite Veterans Warn of Space SPAC Downside: Report

The frenzy of activity swirling around SPACs is pushing space into a new era of risk-taking, according to two satellite industry veterans, SpaceNews reports. 

The past decade’s flow of private capital into megaconstellations and launch startups was a sedate “tea party” in comparison to what’s happening now, Iridium Communications CEO Matt Desch told SpaceNews in an interview. Read more.

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