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Space Insurer Charter Space Raises $5M Seed Round

Charter Space, an insurance company focused on the space industry, has raised $5 million in seed funding. The round signals growing investor interest in insurance products for satellites and other space assets as commercial space activity expands. Details on the investors or planned use of the funds were not disclosed in the initial report.

Why now: Investors and space industry watchers are tracking new funding in the fast-growing commercial space insurance market.

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