Advanced Television

Seraphim Space

AST SpaceMobile reaches $10bn market cap

Investment business Seraphim Space says that AST SpaceMobile has surged to a $10 billion (€9.05bn) market cap, making it the second highest–valued space company in the world, trailing only SpaceX. AST, a direct competitor to Starlink, launched its prototype BlueWalker 3 ‘cell tower’ satellite in 2022 and successfully tested its 5G direct–to–cell capability in 2023. […]

September 4, 2024

Denmark’s QuadSat raises funding

Denmark-based QuadSat has raised €9 million in fresh funding for its work to measure and calibrate antennas and satellite systems anywhere in the world accurately. The company uses drones to replicate satellites which can then be calibrated on the ground. The new cash comes from existing investors including Seraphim Space, Danish state Vækstfonden, and angel […]

March 17, 2023By Chris Forrester