Q1 Results

Seraphim Space Investment Trust plc (LSE: SSIT), the world’s first SpaceTech investment company, announces its first quarter results for the three-month period ended 30 September 2022.

The full Q1 report can be found at https://investors.seraphim.vc/results/,

Q1 Highlights

• Further £8.9m deployed across three new investments and four follow-on investments
• Portfolio valuation has increased 11% from 30 June 2022, driven by £8.9m in additional investment and £13.8m in FX gain, partially offset by £1.7m in underlying valuation reduction
• Fair value increase has led to a 4.6% NAV increase
• SSIT’s investment manager, Seraphim Space Manager LLP (“Seraphim Space”), launched proprietary ESG Monitoring Tool for the Space sector
• Generation Space, the US arm of Seraphim Space, commenced its Space Accelerator programme in the US

News in full

In the video below, CEO Mark Boggett outlines Seraphim’s Investment Strategy