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'''Mütze''' (German: ''[[cap]]'') may refer to:
{{Use mdy dates|date=January 2013}}
{{Infobox company
| name            = Space Angels Network
| logo            =
| type            = [[Privately held company|Private]]
| traded_as        =
| founder          =
| area_served      =
| key_people      =
| industry        = [[Angel investor|Angel Investing]], [[Venture Capital]]
| genre            =
| products        = [[Investments]], [[Angel Network]]
| services        =
| revenue          =   
| operating_income =
| net_income      =
| aum              =
| assets          =
| equity          =
| owner            =
| num_employees    =
| parent          =
| divisions        =
| subsid          =
| homepage        = {{URL|http://www.spaceangelsnetwork.com/}}
| footnotes        =
| intl            =
| caption          =
| foundation      = 2007
| location_city    = [[New York City|NewYork]]
| location_country = United States
| location        =
| locations        =
}}
'''Space Angels Network Inc.''' is a privately-held financial services company with a network of [[angel investor]]s who are interested the [[aerospace]] industry.<ref name=":0">'''The Tauri Group.''' ''Start-Up Space: Rising Investment in Commercial Space Ventures.'' Alexandria, VA : s.n., 2016</ref> It is based in New York with virtual offices in London, Los Angeles, Hong Kong, Seattle, San Francisco, Stockholm, and Zurich.<ref>{{Cite web|url=http://www.providencejournal.com/news/20160714/angels-sending-money-into-space|title=Angels sending money into space|last=Times|first=Samantha Masunaga Los Angeles|access-date=2016-07-26}}</ref><ref>{{Cite web|url=http://spaceref.biz/business-briefs/space-angels-network-establishes-hub-in-hong-kong.html|title=Space Angels Network Establishes Hub in Hong Kong - SpaceRef Business|website=spaceref.biz|access-date=2016-07-26}}</ref> The typical investment is between $500,000 to $1,000,000 USD of equity.<ref name=":0" /><ref>{{Cite web|url=http://swtimes.com/business/why-investment-space-companies-heating|title=Why investment in space companies is heating up|last=Times|first=Samantha Masunaga Los Angeles|date=2016-07-17|access-date=2016-07-26}}</ref> Space Angels Network operates as a financial services company in that it  offers deal discovery, manages the deal flow pipeline, conducts due diligence, facilitates equity investment, and manages portfolio investments. More recently, it has developed an online platform with virtual deal rooms, where investors can see deal information and execute on investments.<ref name=":1">{{Cite web|url=http://spaceangelsnetwork.com/faq/|title=FAQ - Space Angels Network|language=en-US|access-date=2016-07-26}}</ref>


*Prinz-Heinrich-Mütze, nickname of [[Prince Henry of Prussia (1862–1929)]]
The company was founded in 2007<ref name=":2">{{Cite web|url=https://www.crunchbase.com/organization/space-angels#/entity|title=Space Angels Network {{!}} CrunchBase|website=www.crunchbase.com|access-date=2016-07-26}}</ref> with four Founding Members and it has since added seven Founding Partners. As of July 2016 the network comprised 214 accredited investors across 26 countries.<ref name=":0" /><ref>{{Cite web|url=http://spacenews.com/continued-space-investment-growth-not-guaranteed-investors-caution/|title=Continued space investment growth not guaranteed, investors caution - SpaceNews.com|date=2016-04-14|language=en-US|access-date=2016-07-26}}</ref><ref name=":3">{{Cite web|url=http://www.bbc.com/future/story/20150810-rocketing-prices-the-investors-eyeing-the-riches-of-space|title=Rocketing prices: The investors eyeing the riches of space|last=Cruddas|first=Sarah|access-date=2016-07-26}}</ref> It has invested in 33 companies including four in H1 2016, mostly in Seed and Series A rounds.<ref name=":0" /><ref name=":2" />
*''Die rote Mütze''; see [[The Marriage Swindler]]
*Thomas Mütze, German politician; see [[List of German Green Party politicians]]
*Die Mütze, work by [[Thomas Bernhard]]


==See also==
== History ==
*[[Mützenich]]
Space Angels Network was founded in 2007 with the goal to manage and coordinate a network of [[angel investor]]s that are specifically focused on the [[aerospace]] industry. The network began with four Founding Members: [[Esther Dyson]] (EDventure Holdings), Stephen Fleming (Atlanta Technology Angels), David S. Rose ([[New York Angels]]), and Ed Tuck (Falcon Fund).<ref name=":2" />
*[[Mutzenberg]]
 
*[[Mutzenhouse]]
Since 2012, with the addition of Chad Anderson as Managing Director, this mandate has expanded and involves deal discovery, managing the deal flow pipeline, conducting due diligence, facilitating equity investment, and managing portfolio investments. In 2015, Space Angels Network added seven Founding Partners: [[Eric C. Anderson|Eric Anderson]], [[Esther Dyson]], Yoel Gat, Steven Jorgenson, Nathan Kaiser, Joshua Schrager, and [[Dylan Taylor (executive)|Dylan Taylor]].<ref name=":2" /><ref name=":3" />
 
== Business Model ==
 
=== Accredited Investors ===
Membership in Space Angels Network limited to investors who qualify as [[accredited investor]]s under [[Regulation D (SEC)|Regulation D of the Securities and Exchange Commission]].<ref name=":0" /><ref name=":1" /> Currently the 214 investors have been actively sourced across multiple countries including: Australia, China, United States of America, United Kingdom, Sweden, United Arab Emirates, India, South Korea.<ref name=":0" /><ref name=":3" />
 
=== Deals ===
The number of deals executed through Space Angels Network as of H1 2016, stands at 33. Of the deals reviewed by Space Angels Network, only 5% are deemed investment grade and curated for presentation to members.<ref>{{Cite web|url=http://www.forbes.com/sites/alexknapp/2016/05/27/asteroid-mining-company-planetary-resources-raises-21-million-for-earth-observation/#578f1a334fa6|title=Asteroid Mining Company Planetary Resources Raises $21 Million For Earth Observation|last=Knapp|first=Alex|access-date=2016-07-26}}</ref> Some of the more prominent deals by the network include [[Planetary Resources]],<ref>{{Cite web|url=http://social.techcrunch.com/2016/05/11/the-race-to-the-moon-is-underway-as-astrobotic-raises-2-5-million/|title=The race to the moon is underway as Astrobotic raises $2.5 million|last=Calandrelli|first=Emily|website=TechCrunch|access-date=2016-07-26}}</ref> [[Astrobotic Technology|Astrobotic]],<ref>{{Cite web|url=http://www.fastcompany.com/3058795/the-next-frontier-for-ambitious-entrepreneurs-space|title=The Next Frontier For Ambitious Entrepreneurs: Space|date=2016-04-15|language=en-US|access-date=2016-07-26}}</ref> [[World View Enterprises]],<ref name=":2" /> [[Planet Labs|Planet (formerly Planet Labs)]],<ref name=":2" /> [[Firefly Space Systems]],<ref name=":2" /> and [[Space Adventures]].<ref name=":0" /> Notable co-investors include: [[Larry Page]],<ref>{{Cite web|url=http://www.geekwire.com/2016/planetary-resources-asteroid-mining-earth-observation-21-million-funding/|title=Planetary Resources’ asteroid miners focus on Earth observation with $21 million in new funding|date=2016-05-26|language=en-US|access-date=2016-07-26}}</ref> [[Eric Anderson]], and [[Peter Diamandis]].<ref name=":0" /><ref name=":2" />
 
=== Investment Platform ===
Space Angels Network has developed a proprietary investment platform that provides investors with access to a [[Virtual data room|deal room]] where they can browse and evaluate fund investment opportunities, view investment profiles, and sign investment documents. [[Virtual data room|Deal rooms]] typically contain due diligence reports, pitch books, and an open dialogue with the start-up teams.<ref name=":1" />
 
=== Expeditions ===
Expeditions are open to members of the Space Angels Network and typically involve multi-day trip to a city with established and emerging aerospace companies. Members tour the facilities of select companies and meet the team members. In 2014 it was in [[California|South California]], in 2015 it was in [[Seattle]], and in 2016 it will be in [[San Francisco]].<ref>{{Cite web|url=http://spaceangelsnetwork.com/expedition/|title=Expedition|language=en-US|access-date=2016-07-26}}</ref>
 
== Thought Leadership ==
In 2016, analysts at Space Angels Network published an article on the market for [[Space suit|spacesuits]].<ref>'''Anderson, Chad.''' ''Under Pressure: Past, Present, and Future Spacesuit Market.'' New York : Space Angels Network, 2016. http://spaceangelsnetwork.com/content/uploads/2016/07/UNDER-PRESSURE-SPACESUIT-MARKET-REPORT-JULY2016-online.pdf</ref> The report predicts that there will soon be a spike in spacesuit innovation along with a reduction the time required to bring a new product to market. With companies like [[SpaceX]] and [[Virgin Galactic]] entering the space industry, the next generation of spacesuits will be endowed with new capabilities. Customers will likely demand better communication, more comfort, flexibility, and aesthetic appeal.<ref name=":3" /><ref>{{Cite web|url=https://news.fastcompany.com/the-future-of-spacesuits-space-angels-networks-fascinating-report-4014241|title=The future of spacesuits: Space Angels Network’s fascinating report|language=en-US|access-date=2016-07-26}}</ref>
 
Prior to this report, Space Angels Network published a blog outlining a segmentation of the space economy. The new framework is based on “Geographies”, with three primary geographical regions: Terrestrial, In-Space, and Planetary.<ref>{{Cite web|url=http://spaceangelsnetwork.com/2016/06/29/space-economy/|title=The Space Economy - Space Angels Network|date=2016-06-29|website=Space Angels|access-date=2016-07-26}}</ref>
 
In response to proposed amendments to the FY 2017 National Defense Authorization Act (NDAA), Space Angels Network wrote a letter<ref>{{Cite web|url=http://spaceangelsnetwork.com/2016/06/12/commercial-use-of-icbms-impact-to-investment-community/|title=ICBMs - Impact to Investment Community|date=2016-06-12|website=Space Angels|access-date=2016-07-26}}</ref> to Congress outlining their opposition to allowing excess [[Intercontinental ballistic missile|intercontinental ballistic missile (ICBM)]] assets available for commercial use.<ref name=":4">{{Cite web|url=http://newspot.me/n/03LQKRml?s=home|title=Space Angels Network Opposes ICBM Amendment to the 2017 National Defense Authorization Act|website=Particle News|language=en-US|access-date=2016-07-26}}</ref><ref>{{Cite web|url=http://nasawatch.com/archives/2016/06/more-opposition.html|title=More Opposition to ICBM's as Satellite Launchers - NASA Watch|website=nasawatch.com|access-date=2016-07-26}}</ref> The primary arguments are that the amendment would benefit one company and disrupt the hard-earned momentum in the emerging [[Miniaturized satellite|small satellite]] commercial [[Launch vehicle|launch]] market.<ref name=":4" />
 
Earlier in March 2016, Space Angels Network participated alongside a coalition of 13 space companies to publish a space policy white paper titled “Ensuring US Leadership in Space”.<ref>'''Space Angels Network alongside a coalition of 12 space companies.''' ''Ensuring U.S. Leadership In Space.'' 2016</ref> <blockquote>"The coalition lays out several policy proposals, which, if adopted, will help sustain U.S. leadership in space. Among them are: committing to predictable budgets, funding robust investments, promoting innovative partnerships, and repealing the [[Budget Control Act of 2011]]; continuing global space engagement through programs like the [[International Space Station]]; fully funding the [[Space Launch System]], the [[Orion (spacecraft)|Orion Multi-Purpose Crew Vehicle]], and the [[Commercial Crew Development|Commercial Crew programs]]; providing increased resources for national security space and launch programs; promoting science, technology, engineering, and mathematics education; retaining U.S.-educated workers; and further reducing barriers to international trade."<ref>{{Cite web|url=http://nasawatch.com/archives/2016/03/coalition-of-13.html|title=Coalition of 13 Space Organizations Release Space Policy White Paper - NASA Watch|website=nasawatch.com|access-date=2016-07-26}}</ref><ref>{{Cite web|url=http://www.aiaa.org/EnsuringUSLeadershipInSpace/|title=Ensuring U.S. Leadership In Space : The American Institute of Aeronautics and Astronautics|website=www.aiaa.org|access-date=2016-07-26}}</ref></blockquote>
 
== References ==
{{Reflist|2}}
 
== External links ==
* {{URL|http://www.spaceangelsnetwork.com/|Space Angels Network official website}}
 
[[:Category:Private equity firms of the United States]]
[[:Category:Space tourism]]
[[:Category:Angel investors]]
[[:Category:Companies established in 2007]]

Revision as of 10:32, 9 November 2016

Template:Use mdy dates Template:Infobox company Space Angels Network Inc. is a privately-held financial services company with a network of angel investors who are interested the aerospace industry.[1] It is based in New York with virtual offices in London, Los Angeles, Hong Kong, Seattle, San Francisco, Stockholm, and Zurich.[2][3] The typical investment is between $500,000 to $1,000,000 USD of equity.[1][4] Space Angels Network operates as a financial services company in that it offers deal discovery, manages the deal flow pipeline, conducts due diligence, facilitates equity investment, and manages portfolio investments. More recently, it has developed an online platform with virtual deal rooms, where investors can see deal information and execute on investments.[5]

The company was founded in 2007[6] with four Founding Members and it has since added seven Founding Partners. As of July 2016 the network comprised 214 accredited investors across 26 countries.[1][7][8] It has invested in 33 companies including four in H1 2016, mostly in Seed and Series A rounds.[1][6]

History

Space Angels Network was founded in 2007 with the goal to manage and coordinate a network of angel investors that are specifically focused on the aerospace industry. The network began with four Founding Members: Esther Dyson (EDventure Holdings), Stephen Fleming (Atlanta Technology Angels), David S. Rose (New York Angels), and Ed Tuck (Falcon Fund).[6]

Since 2012, with the addition of Chad Anderson as Managing Director, this mandate has expanded and involves deal discovery, managing the deal flow pipeline, conducting due diligence, facilitating equity investment, and managing portfolio investments. In 2015, Space Angels Network added seven Founding Partners: Eric Anderson, Esther Dyson, Yoel Gat, Steven Jorgenson, Nathan Kaiser, Joshua Schrager, and Dylan Taylor.[6][8]

Business Model

Accredited Investors

Membership in Space Angels Network limited to investors who qualify as accredited investors under Regulation D of the Securities and Exchange Commission.[1][5] Currently the 214 investors have been actively sourced across multiple countries including: Australia, China, United States of America, United Kingdom, Sweden, United Arab Emirates, India, South Korea.[1][8]

Deals

The number of deals executed through Space Angels Network as of H1 2016, stands at 33. Of the deals reviewed by Space Angels Network, only 5% are deemed investment grade and curated for presentation to members.[9] Some of the more prominent deals by the network include Planetary Resources,[10] Astrobotic,[11] World View Enterprises,[6] Planet (formerly Planet Labs),[6] Firefly Space Systems,[6] and Space Adventures.[1] Notable co-investors include: Larry Page,[12] Eric Anderson, and Peter Diamandis.[1][6]

Investment Platform

Space Angels Network has developed a proprietary investment platform that provides investors with access to a deal room where they can browse and evaluate fund investment opportunities, view investment profiles, and sign investment documents. Deal rooms typically contain due diligence reports, pitch books, and an open dialogue with the start-up teams.[5]

Expeditions

Expeditions are open to members of the Space Angels Network and typically involve multi-day trip to a city with established and emerging aerospace companies. Members tour the facilities of select companies and meet the team members. In 2014 it was in South California, in 2015 it was in Seattle, and in 2016 it will be in San Francisco.[13]

Thought Leadership

In 2016, analysts at Space Angels Network published an article on the market for spacesuits.[14] The report predicts that there will soon be a spike in spacesuit innovation along with a reduction the time required to bring a new product to market. With companies like SpaceX and Virgin Galactic entering the space industry, the next generation of spacesuits will be endowed with new capabilities. Customers will likely demand better communication, more comfort, flexibility, and aesthetic appeal.[8][15]

Prior to this report, Space Angels Network published a blog outlining a segmentation of the space economy. The new framework is based on “Geographies”, with three primary geographical regions: Terrestrial, In-Space, and Planetary.[16]

In response to proposed amendments to the FY 2017 National Defense Authorization Act (NDAA), Space Angels Network wrote a letter[17] to Congress outlining their opposition to allowing excess intercontinental ballistic missile (ICBM) assets available for commercial use.[18][19] The primary arguments are that the amendment would benefit one company and disrupt the hard-earned momentum in the emerging small satellite commercial launch market.[18]

Earlier in March 2016, Space Angels Network participated alongside a coalition of 13 space companies to publish a space policy white paper titled “Ensuring US Leadership in Space”.[20]

"The coalition lays out several policy proposals, which, if adopted, will help sustain U.S. leadership in space. Among them are: committing to predictable budgets, funding robust investments, promoting innovative partnerships, and repealing the Budget Control Act of 2011; continuing global space engagement through programs like the International Space Station; fully funding the Space Launch System, the Orion Multi-Purpose Crew Vehicle, and the Commercial Crew programs; providing increased resources for national security space and launch programs; promoting science, technology, engineering, and mathematics education; retaining U.S.-educated workers; and further reducing barriers to international trade."[21][22]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 The Tauri Group. Start-Up Space: Rising Investment in Commercial Space Ventures. Alexandria, VA : s.n., 2016
  2. ↑ Times, Samantha Masunaga Los Angeles. "Angels sending money into space". http://www.providencejournal.com/news/20160714/angels-sending-money-into-space. 
  3. ↑ "Space Angels Network Establishes Hub in Hong Kong - SpaceRef Business". http://spaceref.biz/business-briefs/space-angels-network-establishes-hub-in-hong-kong.html. 
  4. ↑ Times, Samantha Masunaga Los Angeles (2016-07-17). "Why investment in space companies is heating up". http://swtimes.com/business/why-investment-space-companies-heating. 
  5. ↑ 5.0 5.1 5.2 "FAQ - Space Angels Network" (in en-US). http://spaceangelsnetwork.com/faq/. 
  6. ↑ 6.0 6.1 6.2 6.3 6.4 6.5 6.6 6.7 "Space Angels Network | CrunchBase". https://www.crunchbase.com/organization/space-angels#/entity. 
  7. ↑ "Continued space investment growth not guaranteed, investors caution - SpaceNews.com" (in en-US). 2016-04-14. http://spacenews.com/continued-space-investment-growth-not-guaranteed-investors-caution/. 
  8. ↑ 8.0 8.1 8.2 8.3 Cruddas, Sarah. "Rocketing prices: The investors eyeing the riches of space". http://www.bbc.com/future/story/20150810-rocketing-prices-the-investors-eyeing-the-riches-of-space. 
  9. ↑ Knapp, Alex. "Asteroid Mining Company Planetary Resources Raises $21 Million For Earth Observation". http://www.forbes.com/sites/alexknapp/2016/05/27/asteroid-mining-company-planetary-resources-raises-21-million-for-earth-observation/#578f1a334fa6. 
  10. ↑ Calandrelli, Emily. "The race to the moon is underway as Astrobotic raises $2.5 million". http://social.techcrunch.com/2016/05/11/the-race-to-the-moon-is-underway-as-astrobotic-raises-2-5-million/. 
  11. ↑ "The Next Frontier For Ambitious Entrepreneurs: Space" (in en-US). 2016-04-15. http://www.fastcompany.com/3058795/the-next-frontier-for-ambitious-entrepreneurs-space. 
  12. ↑ "Planetary Resources’ asteroid miners focus on Earth observation with $21 million in new funding" (in en-US). 2016-05-26. http://www.geekwire.com/2016/planetary-resources-asteroid-mining-earth-observation-21-million-funding/. 
  13. ↑ "Expedition" (in en-US). http://spaceangelsnetwork.com/expedition/. 
  14. ↑ Anderson, Chad. Under Pressure: Past, Present, and Future Spacesuit Market. New York : Space Angels Network, 2016. http://spaceangelsnetwork.com/content/uploads/2016/07/UNDER-PRESSURE-SPACESUIT-MARKET-REPORT-JULY2016-online.pdf
  15. ↑ "The future of spacesuits: Space Angels Network’s fascinating report" (in en-US). https://news.fastcompany.com/the-future-of-spacesuits-space-angels-networks-fascinating-report-4014241. 
  16. ↑ "The Space Economy - Space Angels Network". 2016-06-29. http://spaceangelsnetwork.com/2016/06/29/space-economy/. 
  17. ↑ "ICBMs - Impact to Investment Community". 2016-06-12. http://spaceangelsnetwork.com/2016/06/12/commercial-use-of-icbms-impact-to-investment-community/. 
  18. ↑ 18.0 18.1 "Space Angels Network Opposes ICBM Amendment to the 2017 National Defense Authorization Act" (in en-US). http://newspot.me/n/03LQKRml?s=home. 
  19. ↑ "More Opposition to ICBM's as Satellite Launchers - NASA Watch". http://nasawatch.com/archives/2016/06/more-opposition.html. 
  20. ↑ Space Angels Network alongside a coalition of 12 space companies. Ensuring U.S. Leadership In Space. 2016
  21. ↑ "Coalition of 13 Space Organizations Release Space Policy White Paper - NASA Watch". http://nasawatch.com/archives/2016/03/coalition-of-13.html. 
  22. ↑ "Ensuring U.S. Leadership In Space : The American Institute of Aeronautics and Astronautics". http://www.aiaa.org/EnsuringUSLeadershipInSpace/. 

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