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Former Virgin Group Senior Partner Joins Seraphim Space’s Investment Team

LONDON (Seraphim Space PR) — Seraphim Space Manager LLP, the manager of Seraphim Space Investment Trust plc, the world’s first listed Space Tech Fund, is delighted to announce that Patrick McCall, former Senior Partner of Virgin Group, will join the company.

Patrick joins Seraphim as a Venture Partner following a long and distinguished career in the space, communication and transport sector, He worked for two decades in the senior team driving the expansion of the Virgin Group and as the Chair of Virgin Orbit and Virgin Galactic. His achievements include financing the development of Virgin Galactic and Virgin Orbit, culminating in the flotations of both companies. He also played a key role in agreeing the launch agreement for Virgin Orbit from the Spaceport in Cornwall later this year.

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  • May 3, 2022
Euroconsult Announces Winners of Finspace Awards

Euroconsult announced the winners of its Finspace award during the final days of its flagship World Satellite Business Week in Paris.

PARIS, WASHINGTON, MONTREAL, YOKOHOMA, SYDNEY, TOULOUS France, 16 December 2021 – Euroconsult, the leading consulting firm specialising in the space sector and satellite markets, announced the winners of the Finspace competition at the 2021 World Satellite Business Week (WSBW) held at the Westin Hotel in Paris. A staple of the WSBW since its inception in 2017, Finspace acknowledges the year’s most avant-garde and innovative start-ups in the space sector.

Companies taking part in the Finspace competition benefit from an exceptional networking opportunity with Euroconsult’s executive level network in attendance at the event, as well as peer-level exchange of best-practices and experience. Finspace assesses companies from a comprehensive spectrum within the value chains of Satellite manufacturing or subsystems, Access to space, Satellite operations, Space traffic management and awareness, Ground segment & end user terminals, Downstream services (Satcom, EO, Information, Navigation) and Software..

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  • December 16, 2021
Astroscale Closes Its Largest Funding Round to Date, Bringing Total Capital Raised to U.S. $300 Million

Additional U.S. $109 million in capital will accelerate on-orbit services technology development, facility expansion and global hiring.

TOKYO, Nov. 25, 2021 (Astroscale PR) – Astroscale Holdings Inc. (“Astroscale”), the market leader in satellite servicing and long-term orbital sustainability across all orbits, today announced it closed its Series F round with additional funding of U.S. $109 million from a group of new investors led by THE FUND Limited Partnership in Japan, with participation from international investors including Seraphim Space Investment Trust plc (“Seraphim Space”) in the United Kingdom and DNCA Invest Beyond Global Leaders, a sub-fund of the umbrella structured fund “DNCA Invest” incorporated under the laws of the Grand Duchy of Luxembourg, managed by DNCA Finance, a Limited Partnership in France. This is the largest funding round in the company’s history and brings the total amount raised to U.S. $300 million, affirming investors’ confidence in the rapidly expanding on-orbit servicing market.

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  • November 26, 2021
HawkEye 360 Raises $145 Million in Series D Round to Expand Dominance of the Commercial Radio Frequency GEOINT Market
HawkEye 360 RF geolocating microsatellite constellation. (Credit: SFL)

Herndon, Virginia, November 8, 2021 (HawkEye 360 PR) — HawkEye 360 Inc., the world’s leading commercial provider of space-based radio frequency (RF) data and analytics, today announced it has closed $145 million in new funding, priming the company to achieve transformational growth in its data and analytical services product line. This Series D round was led by New York-based global private equity and venture capital firm Insight Partners and Seraphim Space Investment Trust (LSE:SSIT), the world’s first listed space tech fund. Additional funding was provided by the Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Holding. And joining the round were new investors Jacobs, Gula Tech Adventures, 116 Street Ventures, and New North Ventures, as well as existing investors Advance, Razor’s Edge, NightDragon, SVB Capital, Shield Capital, Adage Capital, and others. This brings the total amount of capital raised to date to $302 million.

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  • November 8, 2021
Spotlight on Climate and the New Space Economy
Kicking off with a bold flourish, Φ-week 2021 promises to bring space even closer to the forefront of addressing society’s biggest challenges, namely issues associated with the climate crisis, while boosting the economy through transformative New Space, artificial intelligence, and quantum and cognitive computing. (Credit: V. Stefanelli)

PARIS (ESA PR) — Kicking off with a bold flourish, Φ-week 2021 promises to bring space even closer to the forefront of addressing society’s biggest challenges, namely issues associated with the climate crisis, while boosting the economy through transformative New Space, artificial intelligence, and quantum and cognitive computing.

ESA’s Φ-week is now in its fourth edition, and each year this forward-looking event is increasingly relevant to society, business and the economy.

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  • October 14, 2021
Finalists Announced for Euroconsult’s 2021 Finspace Awards

Industry leading global strategy consultancy and market intelligence firm Euroconsult have announced the six companies that have been shortlisted for their 5th annual Finspace competition. Part of this year’s World Satellite Business Week, the Finspace initiative recognizes and celebrates the achievements of innovative startups from across the space sector.

PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA, SYDNEY, 6th October 2021 –Euroconsult’s Finspace pitch initiative was launched in 2017 as part of the company’s flagship World Satellite Business Week event and strives to showcase the most promising and innovative start-ups from across the space and satellite industry value chains. Six finalists have been selected for the 2021 awards from entries that were submitted from all across Europe, the United States, and Australia. Approximately one third of this year’s entries represented small launch development companies.

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  • October 7, 2021
Seraphim Completes Investment in Arqit Quantum

LONDON (Seraphim Space PR) — Further to its announcement on 7 September 2021, Seraphim Space Investment Trust plc (LSE: SSIT), the world’s first listed fund focused on Space Tech, is pleased to announce the acquisition of the holding of Arqit Quantum Inc. (“Arqit”) from the Seraphim Space LP ( ” Seraphim Space Fund “) .

As set out in the IPO prospectus, Seraphim Space will acquire four assets from the Seraphim Space Fund for newly issued ordinary shares in the Company. This acquisition represents the second of those transactions to complete.

Arqit is a leader in quantum encryption technology designed to eliminate the threat of cyber-attack and data theft. The business has a unique quantum encryption Platform-as-a-Service which makes the communications links of any networked device secure against current and future forms of attack – even from a quantum computer.  On 7 September, Arqit completed its proposed merger with Centricus Acquisition Corp. The combined company has been renamed Arqit Quantum Inc. and its shares have commenced trading on NASDAQ under the new ticker symbol “ARQQ” for Arqit common stock.

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  • September 23, 2021
Seraphim Space Investment Trust Raises £180 Million in Oversubscribed IPO

LONDON (Seraphim Capital PR) — Seraphim Space Investment Trust plc, a newly established closed-ended investment company which will invest in a diversified international portfolio of early and growth stage Space Tech businesses, is pleased to announce that it has successfully raised gross proceeds of approximately £178.4 million [US $247 million] pursuant to the Initial Issue of its ordinary shares (“Ordinary Shares”) as described in the prospectus published by the Company on 22 June 2021.

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  • July 15, 2021
Seraphim Capital Appoints Former ESA Director General as Senior Advisor

LONDON (Seraphim Capital PR) — Seraphim Capital, a specialist investment group focused on the Space sector, has appointed Jan Wörner, former Director General of the European Space Agency, as Senior Advisor and Member of the firm’s Advisory Board. Wörner has held a long and distinguished career in the Space sector. He served as the Director General of the European Space Agency (ESA), the highest-ranking official of the ESA, for over […]

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  • June 11, 2021