With a track record dating back to 2012, Space Capital was founded on a core thesis: space is more than just infrastructure – it’s a technology platform fueling the next era of global innovation. Inspired by the evolution of GPS from government tool to economic engine, the firm invests at the seed stage across three foundational layers: infrastructure (space-based systems), distribution (tools to connect and process space-derived data), and applications (software that delivers value on Earth). This thesis — now widely adopted across the sector — offers a proven framework for identifying where value accrues and how to deploy capital effectively. Space Capital uses it to back category-defining companies in geospatial intelligence, communications, and advanced data-powered platforms. In a world defined by geopolitical tension, climate change, and growing demand for real-time intelligence, space-based technologies are essential. Space Capital’s thesis provides the investment map for what comes next — and a proven strategy for turning foundational technologies into economic transformation on Earth.