Seraphim Space Investment Trust Highlights Positive Developments in SpaceTech Portfolio
Why we think this is good
The RNS provides a positive update on the performance and recognition of Seraphim Space Investment Trust's portfolio companies, including significant technological and commercial milestones, as well as broader positive news in the SpaceTech sector. There are no identified red flags or concerns that would suggest a negative sentiment.
Key Points
- AST SpaceMobile powers historic satellite-to-cellular video call with Verizon and secures $43m contract
- AST SpaceMobile and ICEYE named in Via Satellite's top 10 satellite companies of 2025
- Skylo raises $30m to scale direct-to-device satellite connectivity service
- Rocket Lab and SpaceX conduct nearly simultaneous launches
- India launches $58m space fund to accelerate space commercialisation
Summary
Seraphim Space Investment Trust (SSIT) published its monthly newsletter, providing updates on its portfolio companies and the wider SpaceTech market. The key highlights include AST SpaceMobile's milestone satellite-enabled video call and $43m contract, as well as the recognition of AST SpaceMobile and ICEYE as top satellite companies. Additionally, Skylo raised $30m to scale its direct-to-device satellite connectivity service. The newsletter also covers broader sector news, such as simultaneous launches by Rocket Lab and SpaceX, and India's $58m space fund. Overall, the update indicates continued positive developments and growth in the SpaceTech industry.