Space 'Unicorn' Failure Could Be Body Blow to Whole Industry, NSR Says

A failure among one of the space industry startup "unicorns" -- privately held companies valued in excess of $1 billion -- could make it tougher for other space startups to attract venture capital, slowing industry development "for a long period," blogged former Northern Sky Research analyst Sumanta Pal Sunday. But other routes to raising capital -- like debt-based financing -- could help fill that gap, NSR said. It said space investors have been patient in awaiting returns, but pressure is greater than ever for unicorns to succeed because of the impact failure could have on the industry broadly.