Seraphim Space trust CEO: Space companies face 'wave of consolidation'

Climate change companies to succeed

clock • 2 min read
More companies will be needed to maintain a sustainable space ecosystem
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More companies will be needed to maintain a sustainable space ecosystem

Mark Boggett, the CEO of the £220.6m Seraphim Space trust, is anticipating a “wave of consolidation” of space companies in the coming year with firms that help battle climate change and debris removal among the winners.

The CEO noted that there were nine space companies that went public last year and the vast majority of them are trading down following high shareholder redemptions. As a result, Boggett said the stronger...

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