Ramsey Financial Group Names Meagan Crawford Partner to Lead Space Capital Stack
News related to:Ramsey Financial Group · 2 min read
HOUSTON, TX, UNITED STATES, October 23, 2026 /CourierPR/ -- Ramsey Financial Group, a Houston-based entity, has named Meagan Murphy Crawford as a partner, a move that underscores the firm's commitment to expanding its investment activities, particularly in the burgeoning space industry. Crawford, who previously served as a principal at the firm, will now lead the development of the space capital stack, a five-layer financial structure aimed at addressing the unique challenges faced by space companies.
According to Leo B. Womack, the Founder and Chairman of Ramsey Financial Group, the firm is now the entity through which both the Womack and Crawford families administer and develop their investments.
These layers include data and intelligence through Off Earth Data, early-stage equity through Starchart Ventures, private credit through a vehicle in formation for 2027, infrastructure development through SpacePort Fund, and insurance through Alera Group Emerging Industries.
Off Earth Data, a key component of the capital stack, tracked 3,268 space companies as of October 23, 2026, providing a robust base for the stack's development. Crawford's work at Ramsey Financial Group involves building these mechanisms to support space companies, ensuring that founders and early investors retain more equity as the risk diminishes.
In traditional industries, credit, infrastructure development, and insurance exist to provide lower-cost capital as risk decreases, allowing companies to reach revenue and exit with more early equity intact. However, these mechanisms have largely been missing from the space industry. Crawford's mandate is to build these mechanisms, which could significantly impact the industry's growth and sustainability.
The white paper's illustrative path suggests that a space founder who raises four equity rounds holds 19 percent of the company. In contrast, the same founder with a credit facility available from first revenue holds 40 percent. This difference of 21 points of ownership underscores the importance of having a complete capital stack in place.
The economic landscape of the Space Coast, a region containing the Space Coast, has seen significant growth. Aerospace payroll in the area grew 89 percent from 2017 to 2023, according to the Economic Development Commission of Florida's Space Coast. However, this growth has not been matched by housing development. Housing permits decreased 29 percent from 2023 to 2025, according to US Census building permit data. Off Earth Data's licensed-spaceport registry listed 20 US sites as of October 23, 2026, highlighting the infrastructure gaps that need to be addressed.
Crawford remains a principal of SpacePort Fund, founder of Starchart Ventures, and an investor in and advisor to Off Earth Data.
This move by Ramsey Financial Group is part of a broader strategy to support the growth of the space industry by addressing the financial and logistical challenges that companies face. The firm's commitment to this area is evident in its comprehensive approach to capital management, which aims to create a more sustainable and equitable environment for space companies.