Developing reusable satellites to manufacture advance materials in space
We invested as part of Space Forge's Series A, raising over £20m to advance the development of their space systems and continue semiconductor product innovation.
Company Overview
Space Forge, based in Cardiff, are seeking to revolutionise manufacturing by using returnable satellites to harness the microgravity of space and produce ultra-high-quality semiconductor materials.
How did we work with Space Forge?
We invested as part of Space Forge's Series A, led by the NATO Innovation Fund (NIF), that raised over £20m to advance development of the company's space systems and continue semiconductor product innovation.
What was the impact?
Our investment recognises Space Forge’s unique potential to transform both the UK semiconductor and space economies. As a strategic investor, we are deepening the UK government's relationship with Space Forge by fostering knowledge and expertise exchanges, identifying and developing mutually beneficial opportunities, and actively supporting initiatives to stimulate economic growth.