Prime Movers Lab is proud to announce that we have led a $50 million financing round in E-Space, a pioneering manufacturer and operator of a mesh network of small “micro-satellites,” carrying up to hundreds of thousands of secure communication nodes. This network of satellites will help businesses and governments access…

Implications from the recent unprecedented number of venture-backed exits in the space industry (…or the name of a new hard seltzer.) — Quick glossary before we dive in: New Space: Meaning not Old Space. New Space comprises the edge-seeking companies exploiting business needs in the marketplace not being answered by stalwart traditional players like Lockheed Martin, Boeing, Northrup Grumman, etc. …

Why we believe Space Perspective is the best-positioned company to democratize space tourism. — Today, we are thrilled to share that we are leading a $40 million Series A funding round in Space Perspective, after leading its $7 million seed round at the end of last year. To be honest, Jane, Taber, and the rest of the Space Perspective team made it an easy…

The dawn of a new industry or billionaires’ folly? — In 2001, Dennis Tito became the first “space tourist,” paying an estimated $20mm for a ride to the International Space Station (ISS) on a Russian Soyuz rocket. Twenty years later, space tourism has now hit the mainstream. Human spaceflight has always captured the public’s imagination and that was on full…

A breakdown of the 89 early-stage space startups we’ve screened this past year. — I’m extremely fortunate to be leading Prime Movers Lab’s investments in the space sector in partnership with an incredibly talented team of technical partners (Christie Iacomini, Liz Stein, and Bryan Bauw) and a deep bench of venture partners and advisors (Chris Hadfield, Bulent Altan, and others). This is a sector…

My favorite podcast episodes from Q2 2021 — Here’s my latest batch of podcast recommendations for your commute or summer road trip. How I Built This: Diapers.com & Jet.com: Marc Lore I found listening to Marc talk about building companies the equivalent of downing a double espresso — his passion for building huge, category-defining companies is infectious. He also has a unique view on fundraising, suggesting that…

Why you should trust a Ukrainian (even if they don’t trust you back). — I was recently listening to a great podcast with renowned researcher and author Jim Collins. One of the topics that resonated with me was a lesson Jim received from his mentor and legendary Stanford professor, Bill Lazier, regarding a decision we all make regarding whether our default position when we…

My journey to find the balance between the two. — In 2019, I attended my first Tony Robbins event, Unleash the Power Within. This event, and the others that followed, had a profound effect on how I view myself and the world around me. Tony likes to provide aphorisms to summarize lessons and leave you with something easy to remember…

The world’s most advanced SAR technology. — We are thrilled to announce that we are leading a financing round for Alpha Insights, to help them deliver the world’s most advanced, space-based Synthetic Aperture Radar (SAR) technology. Space-based SAR allows operators to get highly detailed imaging data of Earth but unlike optical satellite imaging (e.g. Planet Labs) SAR…