Leading UK satellite tracking company raises £5.4 million in seed funding to expand its global telescope network and accelerate development of AI-powered space situational awareness solutions. The company will enhance its 24/7 monitoring capabilities to serve government and commercial customers addressing increasing challenges of orbital congestion and space security.
London – SPACEFLUX, headquartered in London, has successfully closed a £5.4 million (€6.2 million) seed funding round, enabling the company to fast-track the growth of its proprietary global telescope network and push forward innovative space situational awareness (SSA) technologies. The funding comes as calls grow for stronger commercial and sovereign space surveillance capabilities, with recent reports warning that a one-week disruption to satellite navigation could cost the UK economy £7.6 billion.
The funding round, co-led by the UK Innovation & Science Seed Fund (UKI2S) (managed by Future Planet Capital), Foresight Group, and Blackfinch Ventures, positions Spaceflux to deliver on its ambitious growth plans. The company has also benefited from early support through the Seraphim Space Accelerator as it seeks to strengthen a vital space safety capability that supports government and commercial missions in a rapidly evolving orbital environment.
Spaceflux, founded in 2022, has emerged as a key player in the space surveillance and tracking domain thanks to its proprietary AI-driven analytics and cutting-edge optical sensor systems. Initially providing data and insights on activity in the geostationary orbit to the UK Space Agency and the UK Ministry of Defence (MoD), the firm has quickly positioned itself as a trusted partner in the broader international space ecosystem.
The company’s ground-based optical sensors track satellites and debris across all orbits, uniquely combining visible and Short-Wave Infrared (SWIR) imaging, enabling daylight tracking and characterisation of space objects, which expands the observation window beyond night-time operations, delivering true 24/7 coverage.
Space situational awareness services have become increasingly relevant as both governmental and commercial space actors face growing concerns over orbital crowding, untracked debris and potential adversarial interference. The new capital will enable Spacefux to scale its global sensor network, upgrade its flagship Cortex analytics platform and expand commercial delivery of its tracking services to satellite operators, insurers and government agencies worldwide.
Marco Rocchetto, CEO and co-founder of Spaceflux stated, “As space becomes increasingly essential to our economy, environment and daily lives, it is also becoming more congested and contested. This investment strengthens our ability to protect satellite technology that delivers crucial insights to Earth around the clock, reducing collision risks, and supporting a safer, more sustainable space environment for future generations”.
Alex Leigh, Investment Director Defence & Security, UKI2S (managed by Future Planet Capital) commented on the raise: “This investment marks a significant step in the convergence of defence and space, where dual-use technologies are becoming increasingly important to UK capability. Backed by both the UK Space Agency and MOD (Defence & Security Seed – D2S), we are delighted to be leading this round as it underlines the growing importance of resilient, space-based infrastructure.
“Spaceflux’s technology offers critical insights to help monitor and safeguard orbital assets – supporting both national security and the wider commercial ecosystem. The company is well positioned to scale its impact and meet the needs of customers navigating an increasingly complex space environment.”
Rubina Singh, Senior Investment Manager at Foresight Group: “We’re excited to support the Spaceflux team in scaling their breakthrough technology to new markets. Spaceflux is taking on a vital role in safeguarding space assets we all rely on such as satellites, while delivering strategically important space awareness insights for commercial and national security needs. We’ve been impressed by the ambitious team, the AI-powered scalable platform, and rapid commercial growth since launching in 2022 and look forward to working together for years ahead.”
Kimberley Hay, Ventures Director at Blackfinch, added: “Spaceflux really impressed us with its collective experience and expertise in space safety. Many people don’t realise how much our everyday lives depend on space infrastructure. From navigation and communications to weather forecasting and streaming media, space plays a critical role.”
As demand grows for trusted, sovereign space surveillance, Spaceflux is better positioned than ever to deliver the infrastructure, data and decision-making tools needed to keep satellites safe and ensure long-term sustainability in space. With seed investment successfully secured, the company’s full focus is on leading global efforts to reduce space congestion and improve orbital safety through independently verified, AI-powered tracking solutions.
About Spaceflux
Founded in 2022, Spaceflux is a UK-based space technology company specialising in Space Domain Awareness (SDA) and Space Traffic Management (STM). Using a proprietary global network of optical sensors and its AI-powered analytics platform Cortex, Spaceflux provides advanced tracking and characterisation of space objects to support satellite operators, insurers, and government clients in preventing collisions, protecting their assets, and ensuring long-term orbital security. Since 2023, Spaceflux has become the exclusive provider of geostationary satellite tracking for the UK MoD and UK Space Agency. The firm is committed to advancing SSA and SDA technologies, while promoting responsible and sustainable use of the orbital environment to secure humanity’s future in space.
https://spaceflux.io/
About UK Innovation and Science Seed Fund (UKI2S)
https://ukinnovationscienceseedfund.co.uk/
About Foresight Group (“Foresight”)
Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.
With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.
A constituent of the FTSE 250 index, Foresight’s diversified investment strategies combine financial and operational skillsets to maximise asset value and provide attractive returns to its investors. Its wide range of private and public funds is complemented with a variety of investment solutions designed for the retail market.
Foresight is united by a shared commitment to build a sustainable future and grow thriving companies and economies.
Visit https://foresight.group for more information.
