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Space Insurer Charter Space Raises $5M Seed Round

Charter Space, a company providing insurance for space missions, has raised $5 million in a seed funding round. The space insurance sector is drawing attention as satellite launches and commercial space activity grow, making coverage for launch failures and orbital risks increasingly valuable. The funding will likely support expansion of its underwriting and data capabilities for clients in the commercial space industry.

Why now: Growing commercial space activity is driving investor interest in space insurance startups.

Charter Space

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