Hoyt Davidson is the founder and Managing Partner of Near Earth LLC, an investment bank focused on the satellite industry, commercial space and the Internet of Things. Clients include major companies and institutional investors in those industries, and early stage entrepreneurial firms seeking private equity capital.
Hoyt received a Physics degree from MIT and then spent six years at Lockheed as a Senior Research Engineer, before returning to MIT for an MBA and heading to Wall Street. In the 1990s, at DLJ and later Credit Suisse, he co-founded the Space Finance Group, the first coverage group focused on the commercial satellite industry, raising over $15 billion for companies such as PanAmSat and XM Radio. In 2002, he left to start Near Earth LLC, to continue helping space-related companies grow. He also serves on and the Boards of XO Markets Holdings, the parent of NanoRacks LLC, the Space Foundation, where he serves as Treasurer, the National Space Society as VP Development, and he formerly served on the NASA Advisory Council.