Seraphim Space Investment Trust PLC (LSE:SSIT) (Seraphim Space Investment Trust PLC (LSE:SSIT)) Mark Boggett joins Proactive London to talk about the record year of private capital invested in space, with a 60% increase to US$12.4nm, amid a year of long-awaited breakthroughs from the industry.
The first of their seven space predictions for 2022 is that the industry is likely to see continued momentum in investment and public interest in the area of space tech.
His other predictions include, the growing relevance for space companies tackling climate change/ESG, the pipeline for Space SPAC remaining robust for communications and climate. Cloud transforming Space with tech giants validating space with disruptive technologies. And a massive increase in satcom capacity which will drive further consolidation.
Then they're forecasting an explosion of EO data, leveraging of fusion of multi-data and multi-sensor to deliver insights and lastly the need for global leadership becoming clear amidst congestion and rising tension between the US and China.