Seraphim Space Reports Record SpaceTech Growth

Seraphim Space Investment Trust Plc (GB:SSIT) has released an update.

Seraphim Space Investment Trust PLC (SSIT) reports continued growth in the SpaceTech sector, with a record $2.41 billion invested in Q2 2024 and the global space economy reaching $570 billion. The successful launch of Europe’s Ariane 6 rocket and SpaceX’s Falcon 9 return to flight after a brief downtime highlight significant developments. Portfolio updates include AST SpaceMobile’s completion of five satellites, Astroscale UK’s in-orbit service demonstration contract, and D-Orbit’s U.S. expansion.

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