Noosphere Venture has invested in space technology as well as online gaming and dating sites. It invests in companies by providing them with capital and alternative resources for their growth and success. So far, Noosphere has invested in space and satellite technologies, eCommerce, fintech, marketing and advertisement, social and mobile gaming, and mobility big data and analytics. Despite these investments, the investment venture company is looking to spread its footprint even further.
After providing a lifeline to Firefly Aerospace a few years ago, Noosphere is preparing for another investment in the space industry. This time, the company has its eyes set on the satellite manufacturing sector and is willing to provide a lifeline investment to another company again. The investment in the satellite manufacturing sector will help it build a portfolio of crucial space companies in Max Polyakov’s vision of SpaceX vertical integration.
Max Polyakov is a managing partner at Noosphere Ventures. He believes that long-term consolidations and mergers will happen in the space sector, with industries shifting from horizontal to vertical integration. According to him, space companies will soon control the full range, from ground stations to satellite, launch, communication, and data analytics.
Noosphere, as an investment venture, has invested in 19 companies so far. The company spends an average of $150 million to $200 million every year in acquisitions and mergers. According to Mark Watt, a partner at Noosphere, the company would soon invest in a small satellite manufacturer. Polyakov specified that the company was interested in a company with a manufacturing capability of satellites of 50-500 kilograms. That company could also help in the building of technologies such as orbital transfer vehicles.
Although the number of space companies managed by Noosphere Ventures is unknown, Polyakov manages Earth Observation System Data Analytica (EOSDA) and Firefly Aerospace. The amount of investments in these companies is also unknown.
Recently, NASA selected Firefly Aerospace for a lunar mission. This partnership between NASA and Firefly is transforming the latter into more than just a small satellite launcher. Therefore, Max Polyakov hopes that the satellite manufacturer investment can support Firefly in realizing the lunar mission and fit into the SpaceX strategy.
With the addition of a satellite company to its portfolio, Noosphere could execute “mission accomplished.” According to Polyakov, “mission accomplished” will be achieved when Noosphere companies fulfill the entire space mission, not just a single-part launch. However, the different investments should also make sense as standalone.