BlackRock is a multinational investment management corporation and a significant institutional investor in the space industry. While not a space agency, launch provider, or manufacturer, BlackRock invests in space-related companies through its various funds and ETFs, such as the iShares U.S. Aerospace & Defense ETF (ITA). BlackRock's investments span across satellite constellations, space infrastructure, and related technologies, partnering with or investing in companies like Loft Orbital and Sierra Space. They provide capital and financial expertise to support the growth and commercialization of the space economy.
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Astranis has raised over $350,000,000 from investors that include Andreessen Horowitz, Venrock, and BlackRock.
Loft Orbital secured $140,000,000 in a funding round completed in October that was led by BlackRock.
Loft Orbital ordered multiple LEO-100 buses from LeoStella in a 2022-01-06 announcement following a funding round in which Loft Orbital raised $140,000,000 led by BlackRock.
General Atlantic, Coatue, and Moore Strategic Ventures led Sierra Space’s Series A round with participation from funds and accounts managed by BlackRock Private Equity Partners, AE Industrial Partners, and various strategic family offices.
The $200,000,000 PIPE investment is led by funds and accounts managed by BlackRock with participation from Koch Strategic Platforms, TIME Ventures (Marc Benioff), and Google.
The transaction is expected to provide up to $500,000,000 in cash proceeds, including up to $300,000,000 of cash held in Holicity’s trust account and an upsized $200,000,000 PIPE led by funds and accounts managed by BlackRock.
Funds and accounts managed by BlackRock participated in Relativity Space’s $650,000,000 Series E funding round.
BlackRock, which oversees roughly $9,000,000,000,000 of assets, will base all its decisions on ESG criteria.
Funds managed by BlackRock led Astranis’s Series C financing round.
Funds managed by BlackRock led Astranis’s Series C financing round.
The Series C financing round was led by funds managed by BlackRock.
The Proposed Transaction is supported by a $245,000,000 fully committed PIPE anchored by Tiger Global Management, BlackRock Advisors, Hedosophia, Jaws Estates Capital, and Bloom Tree Partners.
A $245,000,000 portion of the cash injection for Spire Global comes from a group led by Tiger Global Management, BlackRock Advisors, Hedosophia, Jaws Estates Capital, and Bloom Tree Partners.
The approximately $470,000,000 PIPE is led by Vector Capital, BlackRock, and Neuberger Berman among other institutional investors.
A concurrent private investment in public equity (PIPE) round led by Vector Capital, BlackRock, and Neuberger Berman will provide $470,000,000 to Rocket Lab as part of the merger.
The $200,000,000 PIPE is a fully committed common stock PIPE priced at $10.00 per share and led by funds and accounts managed by BlackRock.
Astra expects to raise $489,000,000 through the merger with Holicity, including a $200,000,000 private investment in public equity led by BlackRock and $30,000,000 from a concurrent Series C round.
The expected up to $500,000,000 in cash proceeds includes an upsized $200,000,000 PIPE led by funds and accounts managed by BlackRock.
The $200,000,000 fully committed common stock PIPE is priced at $10.00 per share and is led by funds and accounts managed by BlackRock.
SmartSky has drawn $50,000,000 of the $75,000,000 loan from BlackRock’s Global Credit Opportunities team.