NEW YORK, May 12, 2021 /PRNewswire/ -- Astronauts
Chris Hadfield and Scott Kelly will
headline a panel on space exploration at Context Summits' flagship
Miami 2022 event, to be held
January 24 through January 26 at the
JW Marriott Miami Turnberry Resort & Spa.
"Demand for space-related investing is rising and many are
seeking opportunities in the sector. These space pioneers will
provide an exclusive, first-time discussion sharing their personal
space experiences," said Eric Noll,
Context CEO.
"While space exploration previously was the sole domain of
government agencies, today commercial companies and investors are
paramount. It is still in the early days, but something family
offices and hedge funds should keep on their radar," Noll
concluded.
Increasing demand for private funding, and growing public-sector
interest is calling investors to look toward the stars as new
space-focused ventures, technologies, and public companies are
escalating.
As the global space economy emerges – private investment in
space companies in 2020 set a new annual record with $8.9 billion, according to New York-based firm Space Capital. And Morgan
Stanley estimates that the industry could generate revenue of more
than $1 trillion in 2040, up from
$350 billion, currently.
In a recent Context 365 weekly livestream, Michael Mealling, general partner of Starbridge
Ventures, a venture capital fund focused on commercial space
technology, and CNBC anchor Guy
Adami, provided an introduction to space investments, why
now is the time to invest, what has changed and what to avoid.
Watch the full discussion at
https://www.context365.com/blog/context-live-interview-with-michael-mealling.
Mealling noted that space has become "investible" following
Congress passing laws in 2004 allowing commercial, private company
activity in space. That opened the door for non-government
participation. Contributing to the growth, in recent years,
there have been dramatic reductions in both the costs of launching
and, through miniaturization, building spacecraft. Today the
private sector has satellites offering numerous applications, most
notably earth observation and communications.
Background: Chris Hadfield and
Scott Kelly
Chris Hadfield is a retired
Canadian Space Agency astronaut, engineer, science communicator,
singer, and former fighter pilot. He was the first Canadian to walk
in space. He has flown two Space Shuttle missions and served as
commander of the International Space Station.
Scott Kelly is a former military
fighter pilot and test pilot, an engineer, a retired astronaut, and
a retired U.S. Navy captain. A veteran of four space flights, Kelly
commanded the International Space Station (ISS) on three
expeditions and was a member of the yearlong mission to the ISS. In
October 2015, he set the record for
the total accumulated number of days spent in space, the single
longest space mission by an American astronaut.
Context Summits Miami 2022
Context Summits Miami 2022 will be held Monday, January 24 through Wednesday, January 26 at the JW Marriott Miami
Turnberry Resort & Spa.
The Resort is a new venue for Context, selected in anticipation
of in-person events in a post-pandemic environment along with
client requests for a fresh, world-class venue offering
state-of-the-art event space for conducting one-on-one meetings,
thought leadership sessions and networking opportunities.
Tucked away on 300 acres between Miami and Fort
Lauderdale, JW Marriott Miami Turnberry Resort & Spa is
a tropical oasis with a culture of accessible luxury and enriching
experiences.
The resort is renowned for its two championship golf courses
redesigned by Raymond Floyd,
state-of-the-art âme Spa & Wellness Collective, Celebrity Chef
Michael Mina's award-winning Bourbon
Steak restaurant, dining destination CORSAIR kitchen & bar,
award-winning, state of the art Tidal Cove Waterpark.
It has 120,000 square feet of meetings space, and an engaging
Turnberry Kids camp all within reach of 685 spacious guest rooms
and suites. JW Marriott Miami Turnberry Resort & Spa is a part
of Marriott's exclusive JW Marriott portfolio; and has ranked #1 in
Conde Nast Traveler's Readers' Choice: Top 30 Resorts in
Florida in 2019 and 2020.
Register for the Event
https://www.context365.com/miami-2022-registration
About Context 365 and Context Summits
Context connects the alternative investment industry through a
robust combination of technology tools and in-person events.
Context 365 is a discovery and connection technology that links
thousands of allocators and fund managers of alternative
investments. Through an easy-to-use platform, members effectively
source and efficiently build relationships using search filters,
up-to-date data, real-time messaging, online meetings, activity
tracking, and profile management.
Allocators in Context 365 include family and multi-family
offices, fund-of-funds, institutional investors including pension,
endowments, foundations, and consulting firms.
Investment managers in Context 365 include hedge, private
equity, fixed income, private debt, private credit, and venture
capital funds, as well as commodity trading advisors and direct
lending managers.
This secure technology powers Context Summits events, providing
a comprehensive capital introduction solution. Through a
combination of signature one-on-one meetings paired with
technology, and insightful events, Context Summits delivers
efficient and productive in-person networking opportunities.
Investors have reported allocating approximately $46 billion in funds they met at a Summit during
the last two years, with 87% of surveyed attendees making an
allocation to at least one fund.
For additional information:
www.contextsummits.com
www.context365.com
Follow us:
LinkedIn: @Context-365
Facebook: @Context365
Twitter: @Context365
Instagram: @Context_365
View original content to download
multimedia:http://www.prnewswire.com/news-releases/investing-in-the-cosmos-going-mainstream-301290193.html
SOURCE Context Summits LLC