National Space Council relaunches as UK space sector takes off

London-based company Seraphim Space, known as Generation Space in the US, has opened its applications to help global start-ups in the SpaceTech industry, online news service Bdaily reports.

The applications will be aimed at the 12th cohort, also known as Mission 12. 

Through the programme, the cohort will have the opportunity to develop key relationships with “some of the world’s leading” corporates and agencies operating in the space sector as the start-ups look to raise capital to commercialise their technology.

The cohort will join an “impressive” alumni of over 100 SpaceTech companies, who have collectively raised more than $2.2bn (around £1.7bn) in funding and have an enterprise value of more than $10bn (£7.7bn).

This sponsorship brings added benefit to the “pioneering” companies taking part in Mission 12. The accelerator is a three-month programme that supports SpaceTech companies from inception to IPO.

The UK intends to become a true space superpower and fulfil the country’s ambition to become Europe’s leading provider of small commercial launches by 2030. 

This builds on the growth of the UK space sector, which employs almost 49,000 people and generates an income of £17.5bn.

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

IPE Ventures acquires UK businesses of Staffing 360 Solutions

Boutique private equity firm IPE Ventures has acquired all businesses within the UK arm of Staffing 360 Solutions.

Contracts 13 February 2024

Granger Reis appoints Dargan to lead new digital infrastructure practice

International executive search firm Granger Reis has appointed Steve Dargan to lead its new digital infrastructure (DI) practice.

People 13 February 2024


This week’s appointments include: Baltimore Consulting, Ford and Stanley, Heidrick & Struggles, Know Someone, NRL, Sellick Partnership, The Access Group

People 12 February 2024


This week’s new launches include: Bakkavor Group, Coleman James, Sapphire International

New to Market 12 February 2024