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GovCon Capital Completes $3.5MM Funding for Space-Based Assets

July 29, 2022, 07:30 AM
Filed Under: Specialty Industries

GovCon Capital completed a $3.5 million equipment finance investment for a commercial space contractor. The equipment will be located in the United States and will provide testing capability for mobile launch vehicles.

“Our team at GovCon Capital is proud to complete this funding as we continue our commitment to provide capital to commercial and federal contractors operating in the aerospace, commercial aviation, and defense sectors. Our direct lending capability allows us to complement the venture capital investments in the sector," said Thomas Panuzio, Managing Partner, GovCon Capital, LLC.

GovCon Capital is dedicated to financing middle-market government contractors, operating in the aerospace, commercial aviation, defense, and homeland security sectors. The company is dedicated to deploying capital to companies who are invested in space-based assets and programs, specifically across the infrastructure, distribution, and application sectors. GovCon Capital expects to see space infrastructure companies receive $22BB in debt and equity investments for 2022.

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