Seraphim Space Investment Trust – joining a higher band of angels, this space sector investor obviously does not see the sky as its limit!
- Mark Watson-Mitchell
- 2 minutes ago
- 3 min read
Mark Watson-Mitchell - 18.06.2026
From tomorrow morning, Friday 19th June, the world's first listed SpaceTech investment company will be included in the FTSE 250 Index.
That means that Index-tracking funds not already in the stock will be paying attention to expanding their portfolios by adding the shares of the £483m-capitalised Seraphim Space Investment Trust (LON:SSIT) onto their holdings.
The inclusion of the group’s equity is said to reflect the growing Trust’s value and reinforces its long-term growth potential, together with the substantial recent interest in the SpaceTech market.
Certainly, the SpaceX IPO and any corporate involvement in the Space Sector has driven a certain frenzy in values.
The Business
The Main Market-listed company is the world's first listed investment company focused on SpaceTech.
It seeks exposure predominantly to growth-stage, privately financed SpaceTech businesses that have the potential to dominate globally and are sector leaders with first-mover advantages in areas such as climate, communications, mobility, and cybersecurity.
It has recently raised further funds for the Trust, through the timely £137m C share fund raise.
The FTSE-250 Index
On Monday, 8th June, the company announced that it will be admitted to the FTSE 250 Index effective Friday, 19th June.
It noted that it was a significant milestone reflecting its portfolio growth, increased investor interest in SpaceTech, and the recent fundraise.
The Index inclusion is anticipated to boost institutional investor visibility, supported by index-related demand and improved liquidity, underscoring the company's long-term growth potential and the evolving role of space technology.
Management Comment
Chairman Will Whitehorn stated that:
"Our inclusion in the FTSE 250 marks a significant milestone for Seraphim Space Investment Trust and is a clear reflection of the progress we have made in scaling the Company over the last five years and demonstrating the attractiveness of SpaceTech as an institutional asset class.
We believe this inclusion will further enhance the Company's visibility, improve liquidity and support continued growth in our shareholder base.”
While CEO, Mark Boggett stated that:
"SSIT joining the FTSE 250 reflects not only the Company's progress, but the transition of space from a specialist technology theme into a core pillar of global infrastructure.
Space has become foundational to how nations operate, compete and secure their future.
The convergence of defence, sovereign capability and data infrastructure is redefining the market, with governments globally investing in resilient space architectures for security, communications and intelligence.
This is driving a structural shift where demand is long-term, procurement is strategically funded and commercial innovators are now embedded at the heart of national security systems.
As the only listed investment company offering diversified access to this largely privately backed ecosystem, SSIT is uniquely positioned to participate in, and help shape, this next phase of growth."
My View
SQC Research regulars may well remember that on Tuesday, 22nd April last year, I featured the shares of the world’s first-listed SpaceTech fund, then just 50p, when they were trading at a 50% discount to their net asset value.
Less than a month ago, on Friday, 22nd May, the Trust’s shares hit 284p, a very healthy 568% gain, since when they have reacted to profit-taking driving the price down to 174p two weeks ago.
No doubt with interest being rekindled by the imminent FTSE-250 Index inclusion, the shares have edged higher over the last few days to recover to around 202p currently.
I take the view that Seraphim Space shares are more than capable of being declared ‘super-natural entities’, a bit like the iconic six-winged angelic creatures.
The FTSE-250, the Space Sector, the abundance of celestial prospects – all are sure to combine and drive Seraphim Space Investment Trust’s shares a great deal higher yet.
Does the sky have limits?
(Profile 22.04.25 @ 50p set a Target Price of 70p*)
(Profile 10.09.25 @ 71p set a Target Price of 89p*)
(Profile 05.05.26 @ 189p set a Target Price of 235p*)
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