Today's Word Is Launch

Today's word is launch. Professor Wobble: space start-ups raised a record twenty point eight billion. Bitsy: where did it go? Professor Wobble: sixteen point four billion went to launch and rockets; satellites got four billion. Mort: two hundred sixteen deals, up from one forty. Brought to you by the word launch.

Of the record $20.8 billion that went into space start-ups last quarter, $16.4 billion went to launch and space-access companies across 120 deals, while satellite communications, Earth observation and other space-service companies raised $4 billion; the number of deals rose to a record 216 from 140 in the second quarter, so the money is going into rockets first and the services that ride on them second.

Starring

PipProfessor WobbleBitsyMort