Finance, Taxes, Insurance
Foley Warns of Slowing Investments in General Aviation Technologies
As the economy becomes less certain, investors are becoming wary of risking investments in aerospace startups, Brian Foley said.
SPACs have provided investments for emerging aviation companies, but share prices are falling and financial firms are becoming increasingly wary of the risks involved. (Stock photo)
SPACs have provided investments for emerging aviation companies, but share prices are falling and financial firms are becoming increasingly wary of the risks involved. (Stock photo)

Financing firms are slowing their investments into young aerospace companies as the economic climate becomes more uncertain, industry analyst Brian Foley of Brian Foley Associates reports.

“Until this year, aerospace fledglings had their best chance in well over a decade to secure outside investment,” Foley said. “Suddenly, the new economic-financial climate has made fundraising an ever more difficult challenge for those needing outside capital and poses an outsized challenge to simply keep the lights on.”