TL;DR:
– There is a global trend in the space industry shifting towards “New Space,” opening opportunities for startups and reducing entry barriers.
– Earth & Beyond Ventures is an Israeli venture capital fund focused on investing in startups and research projects in the new space industry.
– The VC firm aims to accelerate Israeli startups and help them become targets for acquisition or investment by leading U.S. companies in the space industry.
Noga Yaari, VP Ecosystem Development at Earth & Beyond Ventures, discussed Israel’s role in the growing New Space industry. She highlighted the shift from space-tech to New Space, stating that companies like SpaceX have opened opportunities for startups and reduced entry barriers in the space market. Now, customers in the space industry include not only government agencies but also large corporates like SpaceX, Blue Origin, Microsoft, AWS, and other tech giants. Earth & Beyond Ventures focuses on investing in Israeli startups and research projects that focus on deep tech and new space. The VC firm aims to accelerate Israeli startups to become targets for acquisition or investment by leading U.S. companies in the space industry. Yaari emphasized the importance of viewing space as a whole new market and considering startups with dual applications: solving challenges on Earth and utilizing space resources.
