Founder and Managing Partner
Near Earth LLC
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 or new homes for their companies. Near Earth has also been engaged by NASA and the U.S. Air Force for space related consulting assignments.
Hoyt received a Physics degree from MIT and upon graduation spent six years in the Space Systems Division of Lockheed leaving as a Senior Research Engineer to return to MIT for an MBA. At MIT’s Sloan School of Management, Mr. Davidson was awarded the Henry B. duPont III scholarship for academic excellence and headed to Wall Street where he rose to the level of Managing Director at Donaldson, Lufkin & Jenrette and later at Credit Suisse. At DLJ in the mid-1990s, he co-founded the Space Finance Group, the first coverage group focused on the commercial satellite industry. This group had a #1 ranking for the sector for many years and raised over $15 billion for commercial satellite companies. In 2002, he left Credit Suisse to start Near Earth LLC, to continue helping space-related companies grow. Mr. Davidson currently serves on the Boards of the Space Foundation, where he served as Treasurer from 2016 – 2019, and the National Space Society where he served as their VP Development from 2014 – 2019. He has formerly served on the NASA Advisory Council for Commercial Space and the board of XO Markets Holdings, the parent of NanoRacks LLC. Mr. Davidson also serves on the Advisory Boards of Lynk Global, Nexteon Technologies and CisLunar Industries.