Family offices stay grounded when investing in space tech

As billionaires Jeff Bezos and Richard Branson blasted off into space last year, investor interest in space technology was piqued, but for the serious venture capitalist, it’s important to stay grounded when reaching for the stars, family office investors said. Patrick Tsang Hong Kong-based family office Tsangs Group invested an undisclosed amount into Ad Astra Rocket Company, the group announced last week. While space tech is an exciting area, the team made sure to do its…