Develops ForgeStar, small returnable satellites that manufacture high-value materials — particularly semiconductor and crystal substrates — in the vacuum and microgravity of orbit, then reenter and land for recovery. Founded in 2018 in Cardiff, it flew the ForgeStar-1 demonstrator and is building the next-generation ForgeStar-2 returnable platform; in 2025 it raised the largest Series A in UK space-tech and signed a semiconductor-manufacturing agreement.
Private company — financial figures are public estimates. Privately held; £22.6M (~$30M) Series A, May 2025 (NATO Innovation Fund-led).