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UK space sector deals skyrocket five-fold over course of a decade
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In 2013, just five transactions within the UK's space sector occurred, but this increased to 27 in 2023. According to research from Heligan Group this is a trend set to continue, «due to increasing government funding, the falling cost of launches and the adoption of new technologies, such as satellite-based quantum key distribution technology». Seraphim Space trust divests early-stage portfolio to focus on mature assets Simon Heath, partner at Heligan Group, said: «Advances in technology such as reusable rockets, orbital refuelling and in-space manufacturing via 3D printing are dri...
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