Milbank LLP Transportation and Space partner Dara Panahy participated in a Global VSAT Forum (GVF) and Connectivity Business News webinar titled “How to Access Capital in 2023” on April 27, 2023.
A rising number of new entrants have leveraged investor interest to pursue startups, spin-offs, and partnerships in the space sector and entrants have used new capital to fund product development for expanding commercial opportunities in space. The speakers discussed the theory and practice of accessing and leveraging capital in the space sector in a post-SPAC era when interest rates are high, equity markets are volatile and investor confidence in the sector has cooled a bit.
As leader of the Milbank’s Transportation and Space Group in Washington, DC, Mr. Panahy is a frequent speaker at space and satellite industry conferences. His practice 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.
