Space investment trust taps retail investors for spending splurge Investing An investment trust focusing on commercial space opportunities will raise £350m from retail investors in a bid to capitalise on the booming space technology market. Seraphim Space, the world’s first listed fund to specialise in backing space ventures, said it was launching one of the largest share issuances in British investment history to broaden access [...]
Is Musk’s SpaceX IPO date written in the stars? Tech SpaceX may be aiming for the stars in more ways than one as Elon Musk has floated the idea of timing the rocket maker’s IPO to coincide with a rare planetary alignment, as well as his own birthday. The tentative window is mid-June, when Jupiter and Venus will appear unusually close together in the night sky, a [...]
UK to land Europe’s first rover on Mars Tech Airbus UK has secured a £150m contract to engineer the landing platform for Europe’s first Mars rover. The Rosalind Franklin rover, which was built entirely in Stevenage, is scheduled to launch in 2028 and touch down on the red planet in 2030, marking a major milestone in European space exploration. The mission, led by European [...]
Orbex: Rocket-maker secures £20m investment from UK government ahead of take off January 29, 2025 The UK government has invested £20m in rocket-maker Orbex as it prepares to build and launch from its site in the Shetland Islands. The injection of funding is expected to help back Orbex’s Prime, the first UK-manufactured and UK-launched orbital rocket. Prime is scheduled to take off towards the end of this year at the [...]
British firm Filtronic scores another multi-million contract with Elon Musk’s SpaceX August 30, 2024 Microwave technology firm Filtronic has scored another multi-million-pound contract with Elon Musk’s SpaceX, it revealed today. The London-listed company, which is headquartered in Leeds and supplies products to the aerospace, defence, space and telecoms infrastructure sectors, said the $8.4m (£6.4m) production order from the satellite internet company was a positive sign that demand remained high for [...]