RCS - Seraphim Space Inv - Initiation from QuotedData

Seraphim Space Investment TrustAnnouncement

14/08/2024 15:30

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RNS Number : 4770A  Seraphim Space Investment Trust  14 August 2024

 

Seraphim Space Investment Trust - Initiation from QuotedData

14(th) August 2024

Science fiction becoming science fact

The manager of Seraphim Space Investment Trust (SSIT) says that the recent
boom in the space economy has been driven by significantly lower costs to
launch, smaller, cheaper components to build satellites and other spacecraft,
and the growth of private space companies. Companies that once had to pay
hundreds of thousands of dollars to put a satellite into orbit can now do the
same for a fraction of that price.

With this dramatically expanding access to space and the growing requirements
and use cases for space technologies in virtually every industry on our
planet, the space sector is projected to grow into a trillion-dollar market
opportunity.

There are many companies with rapidly expanding revenues and profits derived
from this sector, however most of these are currently unlisted. SSIT provides
a unique way for ordinary investors to access these potential world changing
opportunities.

SSIT believes that the companies in its portfolio have the potential to be
valued in the 10s of billions and that, over the long term, the initial
ambition of producing annualised returns of 20% or more will be realised. It
wants to get the trust trading back at asset value and expanding once again.

Full Research:

https://quoteddata.com/research/seraphim-space-investment-trust-qd/
(https://quoteddata.com/research/seraphim-space-investment-trust-qd/)

This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
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raising additional capital where required.

NB: Marten & Co was paid to produce this note on Seraphim Space Investment
Trust Plc, and it is for information purposes only. It is not intended to
encourage the reader to deal in the security or securities mentioned in this
report. Please read the important information at the back of this note.
QuotedData is a trading name of Marten & Co Limited which is authorised
and regulated by the Financial Conduct Authority. Marten & Co is not
permitted to provide investment advice to individual investors categorised as
Retail Clients under the rules of the Financial Conduct Authority.

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