Investments in Space

Space Ventures Stride Toward Lucrative Horizons

Investments in Space Location

Laguna

Session Date and Time
Saturday, May 25, 10 am – 12 noon

As the 2020’s progress, NewSpace has made amazing strides, garnered billions in investment, and we are seeing very profitable exits. Not so long ago, these outcomes would not have been so easy to predict. 

The biggest winners have been in the realms of launch, satellites, and related services for both.

But for humans to become a truly – and permanently – an interplanetary species, much more will be needed, and the investors to go with it.

So what will be the Next Big Thing for investors to look at?  This session will feature experienced pros in all aspects of the industry, with a focus on investor finance, from initial angel round to Series C. Expect a lively debate on what might be the next wave of space venture development!

Investments in Space  Session Chair Info

Board Chair, Center for Space Commerce and Finance

For over three decades, Mr. Olson has been a business systems engineer and analyst in the Communications, Aerospace, and Publishing sectors. In addition, he spent several years in the Financial Services sector (cash and fund management).  He served on the original organizing committee for the ’Space Investment Summits’, an event that brought together interested investors and space entrepreneurs for knowledge sharing and professional networking. From 2006-2010, he was a regular contributor to the “Space Cynics” blog, fighting against the ignorance, obfuscation, and boosterism that often pervades the NewSpace sector.

Today he serves as Director of Business Development for Avealto, Ltd., an early-stage firm that will will soon provide High Altitude Platforms distributing internet and mobile services to under-served areas around the world. He is also Chair and Founder of the not-for-profit Center for Space Commerce and Finance, based in FL, manager of the NewSpace Business Plan Competition, and the Space Investment Summit series of events.

Board Chair, Center for Space Commerce and Finance

For over three decades, Mr. Olson has been a business systems engineer and analyst in the Communications, Aerospace, and Publishing sectors. In addition, he spent several years in the Financial Services sector (cash and fund management).  He served on the original organizing committee for the ’Space Investment Summits’, an event that brought together interested investors and space entrepreneurs for knowledge sharing and professional networking. From 2006-2010, he was a regular contributor to the “Space Cynics” blog, fighting against the ignorance, obfuscation, and boosterism that often pervades the NewSpace sector.

Today he serves as Director of Business Development for Avealto, Ltd., an early-stage firm that will will soon provide High Altitude Platforms distributing internet and mobile services to under-served areas around the world. He is also Chair and Founder of the not-for-profit Center for Space Commerce and Finance, based in FL, manager of the NewSpace Business Plan Competition, and the Space Investment Summit series of events.

Investments in Space Presentation Speakers

Vice President Ventures, BMNT

As the Vice President Ventures at BMNT, Ellen Chang leads the development and implementation of innovative programs that address critical challenges for government and commercial customers in the fields of space, digital, and autonomous systems. With over 20 years of experience in strategy, operations, and finance, she has delivered more than 100% revenue growth over a span of three years and established collaborative processes that generate more than $380K of revenues per person. She is also the Founding and Managing Partner at Syndicate 708, a pre-seed level investment syndicate that invests in deep tech companies. She leverages her expertise and network to accelerate the go-to-market and fundraising of Syndicate’s portfolio companies, some of which include Orbital Sidekick, Phase Four, Sea Satellites, and Scout Space. In addition, she serves as an independent board member at Cypre, a startup biotech company that has developed a novel 3D tumor model platform for cancer immunotherapy screening. Her mission is to support the development and adoption of deep technologies that can enhance our national security and competitiveness.

Founder and Managing Partner, Near Earth LLC

Hoyt Davidson is the founder and Managing Partner of Near Earth LLC, an investment banking boutique focused on the satellite industry and commercial space. At Donaldson, Lufkin and Jenrette, in the mid-1990s, he co-founded the Space Finance Group, the first corporate finance coverage group focused on the commercial satellite industry. This group had a #1 ranking for the sector for many years and raised over $15 billion for commercial satellite companies. In 2002, he started Near Earth LLC, to continue focusing on the growth of space-related companies. Near Earth is a FINRA licensed broker-dealer and provides M&A advisory services involving the buying or selling of lower middle market companies, early-stage equity private placement services for entrepreneurial companies, and strategic and financial consulting for larger corporations and institutional investors. Near Earth has also been engaged by NASA and the U.S. Air Force for space related consulting assignments. Hoyt currently serves on the board of Lynk Global as an independent director, and on the advisory boards of Nexteon Technologies, Cislunar Industries, and Mundi Primum. Hoyt is also an advisor to the Beyond Earth Institute and a former member of the NASA Advisory Council for Commercial Space.

Founder and President, Space Technology Holdings LLC

Richard Godwin has successfully created and built small medium and large companies over several industries in both Europe and North America. He has served as a Director on the Board of both the National Space Society and the Space Frontier Foundation. With his brother Robert, he owns Apogee Books, a technical space book publishing company. He has worked as a business consultant for Elon Musk at SpaceX building a business model for their nascent DragonLab spacecraft program. He served as CEO and Director of Zero Gravity Solutions Inc., ostensibly the world’s first public company creating new products and technology on the Space Shuttle and the International Space Station for use on Earth. He also served as CEO and President of Zero Gravity Life Sciences at that time. He is a founding member of Starbridge Venture Capital fund as well as serving as a business consultant and Director of several cutting edge NewSpace and aerospace companies.

Principal, Carnegie Ventures

Lisa is an investor and global entrepreneur with a penchant for tech and venture finance. She’s built seven companies, raised over $225M, introduced over $8 billion of VC into emerging markets, and has served as an adviser to four incubators, three VC funds, and 100+ SMEs.

Lisa has invested (angel + VC LP) in 76 early-stage companies (internet, medical device, software) and as a venture architect and advisor has planned, launched, and fixed businesses for VVIP, royalty, sovereign wealth and P/E funds, UHNWs, and Family Offices.

Resident in the Arabian Gulf first in 1994 and again from 2005, Lisa was a founding member of the Gulf Venture Capital Association, was Managing Director at Dubai International Financial Centre (DIFC) first as COO of sovereign wealth fund Dubai International Capital and launch CEO of the MENA region’s first pan-Arab angel Investor’s Network (ABAN) across 18 nations and next at Gulf Finance House (GFH Capital) based in Bahrain. Lisa is a subject matter expert on Asia and Mid East economic development infrastructure and Offsets strategy and serves on the IAF’s Space Entrepreneurship and Investment Committee (SEIC).

Moving into impact investing 17 years ago from Dubai Lisa founded the Middle East’s pioneering STEM and Space workforce development, training and soft-power NGO, Arab Youth Venture Foundation (AYVF). AYVF’s engagement and imprint has spanned 5.1 million youth ages 6 to 26 across 112 nationalities. Notables include an historic NASA International Space Act Agreement, NASA Innovative Partnership (developer and funding source of the international internship model used by NASA to enhance tech transfer, cultural exchange and mission team diversity); Lockheed Martin Partner for Innovation Mid East; and Boeing International grantee for STEAM teacher training (A = Aerospace, Aviation, Astronomy, Aeronautics, the acronym coined first in the UAE) to bring more space education into classrooms, exponentially.

Lisa has been an Adjunct Professor of Asian Business and International Marketing Strategy and is a graduate of University of Hawaii Manoa (BA). She holds Master’s degrees from Thunderbird School of Global Management (MBA), Marlboro College (Emerson) (MSc), and Harvard University (ALM). Lisa Chairs the Advisory Board of Boston University’s Metropolitan College Global Marketing Management graduate program.

Vice President Ventures, BMNT

As the Vice President Ventures at BMNT, Ellen Chang leads the development and implementation of innovative programs that address critical challenges for government and commercial customers in the fields of space, digital, and autonomous systems. With over 20 years of experience in strategy, operations, and finance, she has delivered more than 100% revenue growth over a span of three years and established collaborative processes that generate more than $380K of revenues per person. She is also the Founding and Managing Partner at Syndicate 708, a pre-seed level investment syndicate that invests in deep tech companies. She leverages her expertise and network to accelerate the go-to-market and fundraising of Syndicate’s portfolio companies, some of which include Orbital Sidekick, Phase Four, Sea Satellites, and Scout Space. In addition, she serves as an independent board member at Cypre, a startup biotech company that has developed a novel 3D tumor model platform for cancer immunotherapy screening. Her mission is to support the development and adoption of deep technologies that can enhance our national security and competitiveness.

Founder and Managing Partner, Near Earth LLC

Hoyt Davidson is the founder and Managing Partner of Near Earth LLC, an investment banking boutique focused on the satellite industry and commercial space. At Donaldson, Lufkin and Jenrette, in the mid-1990s, he co-founded the Space Finance Group, the first corporate finance coverage group focused on the commercial satellite industry. This group had a #1 ranking for the sector for many years and raised over $15 billion for commercial satellite companies. In 2002, he started Near Earth LLC, to continue focusing on the growth of space-related companies. Near Earth is a FINRA licensed broker-dealer and provides M&A advisory services involving the buying or selling of lower middle market companies, early-stage equity private placement services for entrepreneurial companies, and strategic and financial consulting for larger corporations and institutional investors. Near Earth has also been engaged by NASA and the U.S. Air Force for space related consulting assignments. Hoyt currently serves on the board of Lynk Global as an independent director, and on the advisory boards of Nexteon Technologies, Cislunar Industries, and Mundi Primum. Hoyt is also an advisor to the Beyond Earth Institute and a former member of the NASA Advisory Council for Commercial Space.

Founder and President, Space Technology Holdings LLC

Richard Godwin has successfully created and built small medium and large companies over several industries in both Europe and North America. He has served as a Director on the Board of both the National Space Society and the Space Frontier Foundation. With his brother Robert, he owns Apogee Books, a technical space book publishing company. He has worked as a business consultant for Elon Musk at SpaceX building a business model for their nascent DragonLab spacecraft program. He served as CEO and Director of Zero Gravity Solutions Inc., ostensibly the world’s first public company creating new products and technology on the Space Shuttle and the International Space Station for use on Earth. He also served as CEO and President of Zero Gravity Life Sciences at that time. He is a founding member of Starbridge Venture Capital fund as well as serving as a business consultant and Director of several cutting edge NewSpace and aerospace companies.

Principal, Carnegie Ventures

Lisa is an investor and global entrepreneur with a penchant for tech and venture finance. She’s built seven companies, raised over $225M, introduced over $8 billion of VC into emerging markets, and has served as an adviser to four incubators, three VC funds, and 100+ SMEs.

Lisa has invested (angel + VC LP) in 76 early-stage companies (internet, medical device, software) and as a venture architect and advisor has planned, launched, and fixed businesses for VVIP, royalty, sovereign wealth and P/E funds, UHNWs, and Family Offices.

Resident in the Arabian Gulf first in 1994 and again from 2005, Lisa was a founding member of the Gulf Venture Capital Association, was Managing Director at Dubai International Financial Centre (DIFC) first as COO of sovereign wealth fund Dubai International Capital and launch CEO of the MENA region’s first pan-Arab angel Investor’s Network (ABAN) across 18 nations and next at Gulf Finance House (GFH Capital) based in Bahrain. Lisa is a subject matter expert on Asia and Mid East economic development infrastructure and Offsets strategy and serves on the IAF’s Space Entrepreneurship and Investment Committee (SEIC).

Moving into impact investing 17 years ago from Dubai Lisa founded the Middle East’s pioneering STEM and Space workforce development, training and soft-power NGO, Arab Youth Venture Foundation (AYVF). AYVF’s engagement and imprint has spanned 5.1 million youth ages 6 to 26 across 112 nationalities. Notables include an historic NASA International Space Act Agreement, NASA Innovative Partnership (developer and funding source of the international internship model used by NASA to enhance tech transfer, cultural exchange and mission team diversity); Lockheed Martin Partner for Innovation Mid East; and Boeing International grantee for STEAM teacher training (A = Aerospace, Aviation, Astronomy, Aeronautics, the acronym coined first in the UAE) to bring more space education into classrooms, exponentially.

Lisa has been an Adjunct Professor of Asian Business and International Marketing Strategy and is a graduate of University of Hawaii Manoa (BA). She holds Master’s degrees from Thunderbird School of Global Management (MBA), Marlboro College (Emerson) (MSc), and Harvard University (ALM). Lisa Chairs the Advisory Board of Boston University’s Metropolitan College Global Marketing Management graduate program.


Other Sessions at ISDC 2025

Preserving Aerospace Heritage
Infrastructure is the Backbone of Civilization
Space Ventures Stride Toward Lucrative Horizons
Newest and Most Exciting Ideas
Growing Life Beyond Earth: Innovating for Sustainable Space Habitats
...Some More Traveled Than Others
A Martian Renaissance is at Hand
How Will We Best Explore, Prospect, and Settle Our Natural Satellite?
Discuss Comprehensive Solutions Planetary Defense
Learn More About the History of Tomorrow
Educating and Enlightening People
Exciting Technology that will Revolutionize Access to Space
Global Collaboration for Outer Space
Medical Capabilities to Travel Into Deep Space
Who Owns the Vast Riches of Space?
Making Humanity a Space Faring Species
Core Interest of the NSS Since the 1970s
Need more information?
Reach Out to Us.