Oxford Space Systems raises £4m from Oxford Innovation Finance to fund growth opportunities.
The investment was supplied by Oxford Innovation Finance through its EIS Growth Fund 3 and OION Angel Network.
Share allotment filed at Companies House
Oxford Space Systems develops deployable antennas for small satellites, making space hardware smaller and lighter to reduce mission costs.
Oxford Space Systems has secured £4m in fresh funding from Oxford Innovation Finance to support its expansion in domestic and international markets. The company designs lighter and more compact deployable antennas for small satellites, aiming to reduce mission expenses for operators across the telecoms and vessel tracking sectors.
The capital injection follows a period of rapid growth over the past two years, marked by successful orbital deployments. The company plans to direct the proceeds towards expanding its development and manufacturing operations to meet rising demand.
From the founder
"We are excited by the advancements Oxford Space Systems has made in recent years, developing its product portfolio, client base, and financial performance. This growth funding round will enable us to pursue the development of additional high-potential products and extend our market presence by enabling our customers’ growth strategies."
Sean Sutcliffe
Chief Executive at Oxford Space Systems
Investor perspective
"Oxford Space Systems pioneers the creation of cutting-edge deployable antennas and structures tailored to the demands of the modern space era. Employing a fusion of agile development and rigorous validation processes, the company utilises proprietary materials in innovative ways to provide effective solutions swiftly and economically, addressing the market challenges of existing solutions."
Richard Cooper
Managing Director, Oxford Innovation Finance
Use of funds
- 01Expand into international markets
- 02Build out infrastructure
Investors
Categories
About the company
Oxford Space Systems
Oxford Space Systems manufactures lightweight deployable antennas for the satellite industry.