Seraphim Space Investment Trust (SSIT) has reported strong NAV growth, mainly from higher valuations in its main holdings and better operational performance. The manager remains very excited about SSIT’s future prospects, expecting further NAV gains as more contracts turn into revenue and momentum increases. SpaceTech is now seen as vital national infrastructure, with rising defence budgets and quicker procurement, especially in Europe, driving demand in areas where SSIT is well positioned. T ....