Eutelsat Group will work with Seraphim to develop advanced capabilities that will meet the growing demand for global connectivity, Earth Observation, and advanced data services.
Eutelsat Group confirmed its participation in Seraphim Spaces’ second venture capital fund SSV II. This investment is intended to support dynamic start-ups within Seraphims portfolio and foster technological innovation in the space sector.
Eutelsat Group will work with Seraphim to advance capabilities that will meet the growing demand for global connectivity, earth observation, and advanced data service. The investment demonstrates Eutelsat Group’s commitment to innovation and support emerging technologies that will transform space industry.
SSV II will be focusing on the application of Artificial Intelligence to space data, in orbit computing, and space enabled communications.
Eutelsat Group is eager to begin this promising partnership with Seraphim Space, which will pave the way for new advancements in the space domain.
Guillaume Scottez said, “We are excited to be investing in Seraphim Space. Seraphim Space is a global leader in space technology investments. This partnership allows us the opportunity to work closely with innovative companies, enhancing innovation and delivering next-generation connectivity. We look forward working with Seraphim, and its portfolio start-ups, to shape the future satellite communications and space service.”
Mark Boggett added: “We’re thrilled to strengthen Seraphim Spaces industry and corporate support with the addition Eutelsat Group. A trailblazer in satellite communication and a strong advocate of NewSpace. We look forward working together to increase our ability to support space companies that are driving significant advancements within the space sector. Together, we’re well-positioned to support innovation in satellite services, infrastructure, and beyond.”