Spaceflux has secured £5.4 million in seed funding to enhance its space situational awareness technologies and expand its global telescope network.
Information on the Target
Spaceflux, a London-based company founded in 2022, has recently secured £5.4 million (€6.2 million) in seed funding to accelerate the development of its innovative global telescope network and enhance its space situational awareness (SSA) technologies. The company is at the forefront of the space surveillance and tracking sector, harnessing proprietary AI-driven analytics and advanced optical sensor systems to deliver critical satellite tracking and support services.
With a unique ability to combine visible and Short-Wave Infrared (SWIR) imaging, Spaceflux's technology enables daylight tracking of satellites and debris, offering unprecedented 24/7 coverage. This capability positions the company as a vital partner for both governmental entities like the UK Space Agency and the UK Ministry of Defence (MoD), as well as commercial satellite operators.
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Industry Overview in the UK
The importance of space situational awareness is increasingly being recognized due to the escalating concerns surrounding orbital crowding, untracked debris, and potential adversarial actions in space. As satellite launches proli
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in a Seed Stage deal
Disclosed details
Transaction Size: $7M