Securing finance beyond ESA for space applications

An agreement was signed in July 2015 between ESA and Seraphim Space & Special Situations Fund in the UK to partner ESA’s ARTES Applications activities with new financial sources.

Venture capital funds worth £83 million (€116 million) will offer new funding opportunities beyond ESA.

Magali Vaissiere, ESA’s Director of Telecommunications and Integrated Applications, and Mark Boggett, Managing Director at Seraphim Space shook hands.