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. 

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Company Overview

Space Forge, based in Cardiff, is seeking to revolutionise manufacturing, 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 semiconductor and space economies in the UK. As a strategic investor, we are deepening the UK government’s relationship with Space Forge by fostering the exchange of knowledge and expertise, identifying and developing mutually beneficial opportunities and actively supporting initiatives to help stimulate economic growth.