UK space sector deals skyrocket five-fold over course of a decade

Faster growth than UK economy

M&A activity across the UK space sector has skyrocketed from 2013 to 2023, with a more than five-fold increase in deal making over the course of the decade.

In 2013, just five transactions within the UK's space sector occurred, but this increased to 27 in 2023. According to research from Heligan Group this is a trend set to continue, "due to increasing government funding, the falling cost of launches and the adoption of new technologies, such as satellite-based quantum key distribution technology". Seraphim Space trust divests early-stage portfolio to focus on mature assets Simon Heath, partner at Heligan Group, said: "Advances in technology such as reusable rockets, orbital refuelling and in-space manufacturing via 3D printing are dri...