Capital expansion of £5.4M for Spaceflux to bolster advancements in the surveillance sector pertaining to space exploration
Spaceflux Secures £5.4 Million Seed Funding for Space Surveillance and Tracking Solutions
Spaceflux, a London-based company, has successfully closed a £5.4 million seed funding round. The funding round was co-led by the UK Innovation & Science Seed Fund (UKI2S), Foresight Group, and Blackfinch Ventures. It also receives backing from both the UK Space Agency and MOD (Defence & Security Seed - D2S).
The funding will accelerate the growth of Spaceflux's proprietary global telescope network, enabling the company to scale its impact and meet the needs of customers navigating an increasingly complex space environment. Spaceflux uniquely combines visible and Short-Wave Infrared (SWIR) imaging for object tracking and characterisation, providing critical insights to monitor and safeguard orbital assets.
Founded in 2022, Spaceflux initially supported the UK Space Agency and Ministry of Defence by monitoring geostationary orbit activities. However, the company has since expanded to serve the wider international and commercial space sectors. Spaceflux's AI-driven Cortex analytics platform processes sensor data, generating actionable insights for satellite operators, insurers, and government agencies. This helps these stakeholders reduce collision risks, improve maneuvering decisions, and maintain safer, more sustainable space environments amid growing crowding and contested space conditions.
Kimberley Hay, Ventures Director at Blackfinch, is impressed by Spaceflux's collective experience and expertise in space safety. Rubina Singh, Senior Investment Manager at Foresight Group, is also enthusiastic about backing the Spaceflux team. The investment underlines the growing importance of resilient, space-based infrastructure.
The funding will be used to advance the AI-powered scalable platform of Spaceflux, enhancing its Cortex analytics platform and expanding delivery of its tracking services. The new funding will also enable Spaceflux to scale its global sensor network, further improving its space situational awareness (SSA) capabilities.
Spaceflux's ground-based optical sensors monitor satellites and debris across all orbits, providing continuous, precise tracking and characterization. This capability is critical as orbital congestion and untracked debris present increasing risks to space operations and satellite infrastructure. The company's technology plays a vital role in safeguarding crucial satellite infrastructure, supporting national security, and enabling more reliable commercial space activities amid escalating orbital congestion, debris risks, and emerging adversarial threats.
The investment in Spaceflux comes amid growing calls for enhanced commercial and sovereign space surveillance. The funding will advance global efforts to reduce orbital congestion and enhance space safety through AI-driven tracking solutions. Spaceflux is well-positioned to push forward innovative space situational awareness (SSA) technologies, reinforcing a critical space safety capability, supporting both government and commercial missions.
[1] UK Space Agency Press Release
[2] Spaceflux Press Release
[3] Foresight Group Press Release
- The funding secured by Spaceflux, a London-based company, will not only enhance their AI-powered scalable platform but also expand their global sensor network, leveraging technology in finance and artificial intelligence to advance space situational awareness (SSA) for critical space surveillance and tracking solutions in both commercial and government sectors.
- With the investment from UKI2S, Foresight Group, Blackfinch Ventures, the UK Space Agency, and MOD (Defence & Security Seed - D2S), Spaceflux will utilize technology in science and space-and-astronomy to combine visible and Short-Wave Infrared (SWIR) imaging for object tracking and characterisation, thereby providing crucial insights for investing in satellite operations, insurers, and government agencies to monitor and safeguard orbital assets.
