SpaceTech Investments Soar to Record $3.5B in Q3 2025

The global SpaceTech sector witnessed an unprecedented surge in investment during the third quarter of 2025, with a record-breaking $3.5 billion deployed. This figure represents a significant increase from the $3.1 billion invested in the previous quarter. According to the latest analysis from Seraphim Space, the trailing twelve-month investment total climbed to $10.4 billion, coming remarkably close to the all-time peak of $10.9 billion established back in the second quarter of 2021.

Industry experts note that this expansion signals a powerful recovery from the market correction experienced in 2022. More importantly, the growth appears to be supported by a wider and more durable foundation of commercial activity, rather than being reliant on a handful of massive funding rounds. The current investment wave is being propelled by a varied group of hardware-centric companies that are scaling up their operations. This trend points to renewed investor confidence spreading across a broader range of SpaceTech enterprises.

When examining the global distribution of capital, the United States maintains its leading position. Over the trailing twelve months ending in Q3 2025, the U.S. was responsible for 55% of all SpaceTech investment. China followed as the second-largest market, accounting for 16% of the total. Analysts observe that China’s growing share is being driven by a small number of exceptionally high-value deals, a pattern reminiscent of the U.S. market during its own boom period from 2019 to 2021. The competitive relationship between these two major markets is expected to continue fueling investment activity in both regions.

The investment focus during this period remained firmly on companies with a strong hardware orientation. China was home to the quarter’s two largest transactions, which involved a rocket launcher manufacturer and a company developing an Internet of Things satellite constellation. In the United States, notable deals included funding for firms like Hadrian, Apex, and Hermeus, all of which have significant hardware components integral to their business models.

Public markets also told a compelling story. While overall performance was mixed, several high-caliber SpaceTech companies achieved significant milestones and saw their share prices climb substantially. Planet Labs led the pack with an impressive 113% growth in Q3 2025, a surge powered by record-breaking revenue, reaching adjusted EBITDA break-even, a growing backlog of orders, and securing major new contracts.

Rocket Lab experienced a 63% increase in its share price, bolstered by an accelerated launch schedule, advancements on its new heavy-lift rocket development, and an expanding order book. These achievements have reinforced its status as the world’s second-leading launch provider. Meanwhile, AST SpaceMobile’s stock performance was relatively steady throughout the third quarter but skyrocketed by nearly 100% in the initial days of Q4 2025. This dramatic rise followed the company’s announcement that it plans to commence commercial services in 2026.

Looking ahead to the final quarter, the sector’s momentum shows no signs of slowing. Following a well-received initial public offering from Voyager, Firefly Aerospace made its market debut with a valuation of approximately $6.3 billion. Its shares jumped more than 50% in early trading. However, the company concluded the quarter down 35% from its IPO price after the first stage of its rocket exploded during a ground test, an incident that occurred just before a scheduled Q4 launch.

With industry titan SpaceX reportedly considering another equity raise that could value the company at a staggering $400 billion, and powerful tailwinds from global defense modernization initiatives like the U.S. Golden Dome program, analysts are confident. The final quarter of 2025 is anticipated to conclude a landmark year for SpaceTech investment, setting a new benchmark for the industry.

(Source: Economy Middle East)