Insider Brief:
- Blue Skies Space has closed a funding round of over £2 million.
- The investment, which includes backing from Japanese investors SPARX and SFC Capital, will expedite the launch of Blue Skies Space’s first satellite “Mauve,” scheduled for early 2025.
- The company’s innovative offerings include satellite-acquired data on stars, planets, and various scientific domains to researchers worldwide. Until now, access to this data was monopolized by government agencies.
- Image credit: Blue Skies Space
Blue Skies Space, a UK start-up, has closed a funding round of over £2 million. The investment, which includes backing from Japanese investors SPARX and SFC Capital, will expedite the launch of Blue Skies Space’s first satellite, scheduled for early 2025, and enhance the delivery of data to its worldwide user base.
The company’s mission is to provide accessible satellite-acquired data to the global research community. This latest boost in funding will advance space research by offering satellite-acquired data on stars, planets, and various scientific domains to researchers worldwide. Until now, access to this data was monopolized by government agencies.
Blue Skies Space’s innovative approach aims to democratize access to satellite data, ensuring that scientists worldwide can easily obtain the data they require through affordable annual memberships. With participants from institutions across eleven countries, including Cardiff University (UK), Vanderbilt University (USA), The French Alternative Energies and Atomic Energy Commission (France), and the National Astronomical Observatory of Japan, Blue Skies Space is fostering collaboration and advancing scientific exploration on a global scale.
Dr. Marcell Tessenyi, CEO and co-founder of Blue Skies Space, stated, “Our mission at Blue Skies Space is to empower scientists worldwide by providing access to satellite data. Our fleet of small, agile satellites allows scientists to initiate new areas of research quickly, complementing the larger facilities operated by government agencies.
We believe great science doesn’t always need large satellites. Our first small satellite Mauve will measure the activity of nearby stars, helping scientists understand the impact of powerful stellar flares on exoplanets and the prospects of harbouring life. This funding enables us to launch Mauve by early 2025 and accelerate the deployment of subsequent satellites already under development, with the backing of SPARX and SFC Capital.”
Tadashi Kito from SPARX Group Co. Ltd. expressed enthusiasm about the partnership, highlighting Blue Skies Space’s role in bringing new opportunities to space research. “Their unique data service will open up exciting new avenues for research and be the first commercial offering in a landscape currently dominated by governments,” Kito said.
Jason Druker, Portfolio Manager of SFC Capital, noted the company’s commercial progress and operational momentum. “We have been supporting Marcell and his team at Blue Skies Space for several years and are pleased to continue our support,” Druker commented.
Share this article:
