Importance Score: 65 / 100 🔴
TAMPA, Fla. — Seraphim Space unveiled the participants in the 15th iteration of its networking and mentoring accelerator initiative on May 19. This selection highlights the increasing synergy between entrepreneurial innovation and national defense imperatives within the space industry.
The cohort encompasses 10 space startups from five nations, marking Seraphim’s inaugural investment in a Mongolian venture. These companies aim to bolster diverse capabilities, spanning defense communications to advanced, artificial intelligence-driven surveillance technologies.
| Company Name | Description | Location |
| Aerlin | Developing antennas for consumer vehicles | United States |
| Ecosmic | Space traffic management provider | Italy |
| Ethereal Exploration Guild | Designing a fully reusable medium-lift launch vehicle | India |
| LambdaVision | Manufacturing artificial retinas in microgravity | United States |
| Lyrasense | Geospatial intelligence provider | Germany |
| ONDO Space | Building out SOS satellite ecosystem | Mongolia |
| Pan Galactic | Developing operating systems for space | United Kingdom |
| Planetary Utilities | Running a marketplace for space services | United States |
| Ravee Optics | Laser communications venture for satellites | United States |
| Vortx AI Private | Designing tools to improve satellite-enabled AI systems | India |
Seraphim Space Accelerator Program
Seraphim, a U.K.-based firm, manages the biannual accelerator in collaboration with its U.S. affiliate, Generation Space. They reported that program graduates have collectively secured $695.3 million in private funding. This achievement occurred since the program’s inception in 2018, designed to prepare nascent companies for investment opportunities and accelerate their growth in the commercial space sector.
Investment Growth in Space Startups
According to Seraphim, private investment in space startups alone reached $2.1 billion in the first quarter of 2025. This figure represents a 17% surge compared to the preceding quarter, demonstrating increased investor confidence in the evolving space industry.