London tech fund Seraphim takes $12.5 million stake in pioneer cleaning up space junk

london tech fund seraphim takes 12 5 million stake in pioneer cleaning up space junk

Sumary of London tech fund Seraphim takes $12.5 million stake in pioneer cleaning up space junk:

  • Hong Kong-based Astroscale’s international team is building magnetic docking vehicles with the capability to inspect, mend, repurpose or remove failing space hardware in-situ.
  • “Mark Boggett, CEO of Seraphim Space, said: “The long-term sustainable health of the space sector is becoming ever more important with tens of thousands of satellite launches planned in the coming years.

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