Space startup investor Seraphim Capital’s investment trust started trading on the London Stock Exchange July 14, raising about $250 million for larger international acquisitions.
The United States and five other countries are banding together with the United Kingdom to develop a satellite-based quantum technology encryption network.
Seraphim Capital plans to trade stakes it has amassed in space technology startups on the public market through an investment trust.
Early-stage space investor Seraphim Capital reportedly plans to list shares on London’s stock exchange, following a growing number of its own investments to the public markets.
Europe has tasked an Airbus-led group to devise its own quantum communications network as startup Arqit raises $400 million for a space-based system.
British quantum technology encryption startup Arqit is raising $400 million in the space industry’s latest SPAC deal, supporting the launch and construction of two satellites in 2023 to protect against growing hacking threats.