A small New York City investment firm launched a specialized website on Tuesday, aimed at helping the latest generation of space companies find the talent needed to grow.
Called "Space Talent," the database features over 2,900 open jobs listed across 140 companies in the space industry, from engineering to design to administration. Listings include rocket companies like SpaceX, Rocket Lab, Blue Origin and Virgin Galactic; satellite operators such as SES and Maxar's Digital Globe, Planet Labs, Spire Global and ICEYE; as well as lunar robotics company Astrobotic.
Space Angels, which specializes in backing private space ventures, created the website in response to a need the firm saw in the burgeoning industry. According to Space Angels, more than $20 billion has been invested in 435 space companies over the past decades, with investments only accelerating in recent years.
"When you invest, the next thing a company wants to do with that capital is grow and hire," Space Angels CEO Chad Anderson told CNBC. "We've noticed that they wanted to hire but they were struggling to do that. So we wanted to help bring the talent to the jobs."
The firm noted that space jobs are just below the pay and skill of those from technology giants in Silicon Valley, yet are more widely distributed across the United States. At nearly $86,000 a year, the median base salary for a space job is 40% above the median household income in the U.S. Top cities for space jobs include Seattle, Denver, San Francisco, Los Angeles and the District of Columbia, Space Angels found.
"A lot these jobs that we're seeing are software. These space companies are competing with the other Bay Area high tech companies," Anderson said.
Additionally, Space Angels found that some of the space companies later in development are beginning to seed other companies. As an example, former employees of SpaceX have founded 139 companies, the firm found, with one fifth of those being new space companies.
"We've seen hundreds of new companies come into the sector and they're all looking to hire, especially highly-skilled talent. This is our manufacturing future," Anderson added.