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.
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.
The space market is at a watershed moment as private and public investments continue to surge.
New accounting rules have thrown a wrench into a SPAC machine that has been catapulting space companies to the public markets.
Satellite operator Spire Global has unveiled the space-powered Big Data market’s second SPAC deal in just over a week, as the rush to public markets accelerates across commercial space sectors.
The National Oceanic and Atmospheric Administration announced plans Feb. 19 to dramatically expand the number of daily radio occultation soundings it acquires from commercial satellites operated by GeoOptics and Spire Global.
Shay Har-Noy, former Tomnod CEO, has joined Spire Global as the company’s general manager of the aviation systems business unit.
Spire Global has raised 20 million euros ($24 million) from the European Investment Bank (EIB), part of a growing effort by European agencies to support space startups.
The National Oceanic and Atmospheric Administration awarded its first contracts Nov. 20 to purchase radio occultation data from commercial satellite operators to GeoOptics and Spire Global.
Starburst Aerospace announced 14 startups and one consortium invited to share proposals for addressing important space-related challenges facing the United States and the United Kingdom at International Space Pitch Day, an event to be held in November at the virtual Defence Space Conference 2020.
The U.S. Air Force and European Centre for Medium-Range Weather Forecasts noted significant improvements in numerical weather prediction models with the recent addition of global navigation satellite system radio occultation datasets.
For the first time, the National Oceanic and Atmospheric Administration is soliciting proposals for commercial radio occultation satellite data to feed operational weather forecast models.
The National Oceanic and Atmospheric Administration plans to acquire commercial radio occultation data for operational use, according to a detailed report released June 26 on the agency's Commercial Weather Data Pilot.
Spire Global announced plans April 15 to work with VesselBot, a Greek technology company focused on the international maritime industry, to develop products based on Spire’s automatic identification system data.