British space surveillance company Spaceflux has raised £5.4m in new funding to grow its network of advanced telescopes, as demand for satellite monitoring rises.
The three-year-old business, which supplies the Ministry of Defence and UK Space Agency, confirmed the investment will support its mission to track satellites and space debris in real time. The funding round was led by the UK Innovation & Science Seed Fund (UKI2S), which is managed by Future Planet Capital, with additional investment from Foresight Group, Seraphim Space, and Blackfinch Ventures.
Tackling Growing Risks in Orbit
Spaceflux has developed technology that uses optical sensors and artificial intelligence to track satellites and debris across every orbit. Its ability to monitor during daylight hours allows it to keep watch for longer than just night-time operations.
The company has been winning government contracts as demand for space situational awareness grows. Experts have warned that a week-long disruption to satellite navigation could cost the UK economy £7.6bn, underlining the risks posed by congestion in orbit.
Strengthening the UK’s Space Security
Since 2023, Spaceflux has been the exclusive geostationary satellite tracking provider for the Ministry of Defence and the UK Space Agency. It also works with commercial customers.
The company’s valuation following the deal has not been confirmed.
Alex Leigh, investment director at UKI2S, said the deal highlights how defence and commercial space technologies are converging.
“Spaceflux’s technology offers critical insights to help monitor and safeguard orbital assets – supporting both national security and the wider commercial ecosystem.”
