ProcureAM co-founder and CEO Andrew Chanin explores space technology's integral role in daily life on Market Domination Overtime.
Chanin explains how the space industry intersects with various sectors, from artificial intelligence to cryptocurrency. "There's a common thread, and that thread is data," he emphasizes, noting that these industries are "banking on the proliferation of this data."
"Space is this connective tissue for data and how it's transferred," he tells Yahoo Finance. Chanin stresses that continued data consumption depends heavily on space infrastructure, explaining that "space helps this data get from point A to point B." He also highlights space technology's "critical" role in enabling essential services, including connected devices, global communications, and GPS systems.
For more insights on promising investment opportunities in the space sector, watch the full interview above.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
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This post was written by Angel Smith