Seraphim New Space Index

An index dedicated
to the New Space economy

The Seraphim New Space Index draws on more than a decade of specialist SpaceTech investment expertise to identify the companies shaping the future of the sector.

Created by Seraphim and independently calculated by an index provider, it reflects our conviction that SpaceTech has evolved into one of the defining technology sectors of the coming decades.

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SpaceTech is at a major inflection point, potentially opening a multi-trillion-dollar investment opportunity as space-based technologies rapidly become critical infrastructure for the A.I.-powered global economy.

Old Space put humans on the moon.

New Space is building the commercial orbital infrastructure powering our future.

New Space - also known as SpaceTech - represents a paradigm shift driven by private capital, disruptive start-ups and the growing convergence of space technologies with terrestrial markets.

Size

Large Small

Cost

Expensive Inexpensive

Satellites

Few Many

Risk

Low Higher

Innovation

Slow Rapid

Opportunity

$billions $trillions

Growth

Low High

Reusable rockets and miniaturised satellites have transformed the economics of space, lowering barriers to entry and driving the deployment of large-scale satellite constellations and orbital infrastructure as the market reaches a critical inflection point.

100x Reduction in costs

Reusable rockets

Miniaturised satellites

Exponential growth in satellites launched

Unlocking new applications

New Space's rapid evolution is accelerating convergence with other sectors, unlocking applications with the potential to transform industries across the global economy.

Now

Mega-constellations providing Space to Earth digital platform

Future

Space resources powering terrestrial & off-world industry

The New Space
investible universe

A thriving global ecosystem of thousands of private New Space companies has emerged to capitalise on these opportunities, creating a deep pipeline of potential future public market leaders.

5,000+globally

Early Stage

~2,000+scaling revenue

Growth Stage

~50valued at $1bn+

'Unicorns'

~50listed companies

Public

Listed New
Space cohort

Many leading New Space companies are already listed, offering investors exposure to the SpaceTech super-cycle. Whilst these companies are growing rapidly, many remain nascent and have limited analyst coverage, making them difficult to assess.

Rocket launchers

Satellite constellations

Space logistics

Satellite manufacturers

Space stations

Lunar systems

Typical profile

Company age: c. 10 years

Revenues: <$500m

Growth rate: 50-100% p.a.

Years public: <5 years

Profits: Limited

Market cap: <$5bn

Why Seraphim

Seraphim: #1 Space team globally

An index designed and created by the most experienced SpaceTech investors worldwide.

Prolific SpaceTech Investor

150 companies backed across 30+ countries → incl. many leading players

SpaceTech Experts

100% pure-play SpaceTech focus, global coverage, all stages

Pioneers

Ten years building leadership position in the New Space ecosystem through pioneering accelerators, private and listed funds

Thought Leadership

Visibility into latest global SpaceTech trends, driving Seraphim's thought leadership

Platform

Seraphim's advantage

From company formation to post IPO, Seraphim's platform provides unique visibility across the global New Space market, creating the information advantage needed to identify the sector's future champions.

Full-spectrum platform offering

Engaged with more than 10,000 companies

Early StageGrowth Stage'Unicorns'Public

The Index

About Seraphim
New Space Index

The Seraphim New Space Index applies a proprietary scoring methodology, powered by Seraphim’s unrivalled market intelligence, to identify and amplify exposure to the companies best positioned for future growth.

For further details on the Index methodology, please follow this link to VettaFi.

Global equities trading on major exchanges

Founded after 1990

>$500k ADTV

Companies with meaningful space operations/developing novel space capabilities

>$500m market cap

Thematic lenses

The index targets enhanced exposure to the three key strategic themes that Seraphim believes will define the next wave of value creation in the New Space economy.