Page 15 - NewSpace Capital PR Report - April 2024

NewSpace Capital appoints Hassan Karimi to the Advisory Board - INTLBM

Hassan Karimi, the Industry Advisory Board of NewSpace Capital, said: “Space is now an essen al sector, and one that supports much of modern life.
It’s fast becoming the backbone of the world economy. It’s also a very valuable sector with enormous room s ll to grow. NewSpace is using growth
capital to support the outstanding companies that are developing the technologies that will shape the future. That’s why I’m very pleased to have the
chance to work with Bogdan and the team.”
Morgan Stanley has predicted that the global space ecosystem will reach $1 trillion in value by 2040, in part due to space tech’s capacity to service
almost every area of the economy. Modeling from Globant has also shown that the full adop on of current satellite technologies by 2030 would give
the world the means to reach net zero 10 years ahead of schedule.
NewSpace Capital’s investees include laser communica ons company Cailabs; ICEYE, which owns and operates the world’s largest constella on of
synthe c aperture radar (SAR) satellites; Simera Sense, a leading provider of end-to-end earth observa on camera solu ons and Kayrros, the global
environmental intelligence company named one of the world’s 100 Most Influen al by TIME.

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