Milbank LLP partner Dara Panahy moderated a panel titled “Investing in the Future: Is There Space in Your Portfolio?” at the premier consumer electronics show, CES, on January 11, 2024 in Las Vegas. The panel, presented by Euroconsult, covered space investment – including long-term gains, hardware vs. software and CEO success stories.
Panelists from Redwire, Promus Ventures, Stellar Ventures, Bessemer Venture Partners and Lockheed Martin Ventures discussed:
- space industry investment trends in 2023 and the outlook for 2024
- strategic M&A activity for incumbent space services companies and early stage / “New Space” companies
- transformative space-enabled products and services on the horizon
- direct and indirect government funding and investments in the space sector
Mr. Panahy, who leads the firm’s Transportation and Space practice in Washington, DC, focuses on the representation of satellite and space infrastructure operators, aerospace manufacturers, launch services providers, communications companies, banks, private equity firms and hedge funds in debt and equity offerings, project, structured and vendor financings, mergers & acquisitions, financial restructurings and in negotiating commercial contracts.
Milbank’s Space Business Group is actively involved in advising space system and infrastructure operators, manufacturers and services providers, financial institutions, investors and customers/end users on connectivity, remote sensing, space infrastructure & transportation, geo-positioning and space prospecting projects.
CES, which takes place January 9–12, 2024, convenes the tech industry, giving a global audience access to major brands and startups as well as manufacturers, developers and suppliers of consumer technology hardware, content, technology delivery systems and more.
