Helix Geospace raises £3m Seed funding to take its world-leading GPS antennas into mass production Helix develops antennas that enable precision global network synchronisation and safe roll-out of autonomous vehicles and drones £3million raised from Bloc Ventures, UKI2S and private investors Funding enables scale-up to mass production to support global customers in automotive, critical infrastructure, […]Read More
SmallSpark Space Systems to ignite following investment raise SmallSpark Space Systems, the award-winning rocket propulsion innovation company, is set to reach new heights as they announce a £500,000 scale-up investment from Deepbridge Capital, in a deal advised on by the GS Verde Group. With their new generation of safer engines and propulsion systems, SmallSpark are […]Read More
The fundraising is Satellite Vu’s second successful raise in the last six months, raising a total of £19 million (US$26m) over the period. The new funding will allow the Company to launch seven British made satellites into space to monitor the thermal footprint of any building on the planet every 1-2 hours. Satellite Vu’s latest […]Read More
Isotropic Systems secures over $37m in additional Series B funding to facilitate the development of unique multi-link antenna through to product launch in 2022 Isotropic Systems completes a new industry and VC-backed funding round, led by the world’s first listed space tech fund, Seraphim Space Investment Trust PLC This latest funding round takes the total […]Read More
Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round Alba Orbital is pleased to announce we have closed our Seed round to accelerate our mission to image everywhere on earth every 15 minutes. The round was led by Metaplanet Holdings and included Y Combinator, Liquid2, Soma, Uncommon Denominator, Zillionize […]Read More
ONEWEB SECURES $550 MILLION IN NEW FUNDING: EUTELSAT TO TAKE SIGNIFICANT EQUITY STAKE IN THE COMPANY Eutelsat investment brings OneWeb to $1.9 billion in total financing Secures 80% of total financing, as latest launch puts almost 30% of Gen 1 fleet in space Collaboration with Geostationary (GEO) satellite operator offers new customer opportunities Eutelsat joins […]Read More
Satellite Vu raises £3.6m (US$5m) for high-resolution thermal satellite insights to support the green industrial revolution London 22nd April 2021: Satellite Vu has raised a £3.6m (US$5m) seed round led by Seraphim Capital to launch the world’s first satellite constellation capable of imaging the thermal footprint of any building on the planet every 1-2 hours. Satellite Vu’s constellation of […]Read More
Company using satellites to detect subsidence raises £1.5m A company whose technology can detect subsidence from satellite data has secured £1.5m from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, and the Government’s Future Fund. The latest funding round comes as Leeds-based SatSense is about to launch its new online […]Read More
European Space Agency Awards Orbex €7.45 Million UK Space Firm Wins Largest Ever Award from Boost! Commercial Space Transportation Services Programme Award supports development of spaceflight technologies for Scottish launches of environmentally-friendly ‘microlauncher’ Forres, UK, March 24, 2021 – The European Space Agency (ESA) has awarded Orbex €7.45 million through its Boost! Commercial Space Transportation Services and Support (C-STS) programme, designed to support […]Read More
FocalPoint raises £6m to accelerate roll-out of high accuracy satellite positioning software for phones, drones, wearables and cars FocalPoint’s core product can measure the direction of arrival of satellite signals on consumer grade technology for the very first time It delivers 10x improvement in accuracy, sensitivity and integrity of satellite positioning for any device Funding […]Read More