The decrease in funding for the subcontinent’s space startups appears to be part of a natural investment cycle rather than a sign of waning investor interest in the sector.
The new constellation will expand cellular service for Apple users, Globalstar disclosed in a filing with the Securities and Exchange Commission on Nov. 1.
The Seal Beach, California-based company aims to mine asteroids for valuable minerals at a lower cost and with a smaller carbon footprint than mining on Earth.