(ANSA) – ROME, MAY 17 – Not just weather, telecommunications or rockets, the ‘Space economy’ is increasingly a reality present in many applications and uses of everyday life which also represents a good investment opportunity in a scenario turbulent technology. Alongside traditional public investments, private investments are thus growing in large operators and developers who make use of ‘space’ technology. Neuberger Berman, an independent management company, unlisted and wholly controlled by its employees, is focusing on this, and also taking into account the ESG criteria, with a new fund. As Alberto Salato Head of Southern Europe by Neuberger Berman explains in a conversation “the Space economy in the last 20 years – he underlines – has made great strides and technology is now much more usable as well as having achieved a very important cost reduction in the launch. of satellites, greater efficiency and a significant improvement in data quality “. “The practical application of technology now affects many sectors of the economy in addition to the traditional ones (weather, military sector): from agriculture to monitoring networks, he notes.” Investments are developed on three strands: infrastructure, application developers that make technology accessible to everyone, and data analysis and processing “.
For Salato “this is a sector that is in fact booming over the next few years in a scenario that is not easy due to the increase in interest rates and the turbulence that is affecting the technology sector. We think that the sector can attract more and more public investments and private “and increase its scale” which at the moment is around 3-400 billion “. “At the moment – he concludes – the market sees a majority of American listed companies but Europe and Italy can boast of a good number of cutting-edge companies. These are large specialized operators” and a growing share of developers and companies smaller in size. In this sector “we can also invest in the form of private equity”. (HANDLE).
Source: Ansa
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