Investors have spent almost $1bn on aerospace start-ups in 2018 , according to financial data company Preqin . Advances in technology have made it cheaper for smaller companies to produce aerospace projects in a sector normally dominated by firms including Planetary Resources and Swarm Technologies . Start-up companies receiving investment include Elon Musk’s SpaceX, earth imaging company Planet, asteroid-mining firm Airbus and Preqin . The Preqin survey did not include private investments in Blue Origin , founded by Elon Musk’s .
Investors have spent almost $1bn on aerospace start-ups in 2018, according to financial data company Preqin. Advances in technology have made it cheaper for smaller companies to produce aerospace projects in a sector normally dominated by firms including Boeing and Airbus. Start-up companies receiving investment include Elon Musk’s SpaceX, earth imaging company Planet, asteroid-mining firm Planetary Resources and Swarm Technologies. The Preqin survey did not include private investments in Blue Origin, founded by Jeff Bezos.