Oxford Space Systems in
ground-breaking programme for Innovative Space
Solutions
Oxford Space Systems (OSS) has
announced an investment round, subject to final
completion, of approximately £4 million to
accelerate development of its existing deployable
antenna product portfolio and develop new innovative
products. Alongside leading UK venture capital
investors, this round has been supported by the
National Security Strategic Investment Fund (NSSIF),
which is the Government’s corporate venturing arm
for national security and defence technologies,
working closely with the Ministry of Defence. The
round unlocked a deeper collaboration agreement with
the MoD, working closely with their research agency
the Defence Science and Technology Laboratory
(Dstl), on innovative cost-efficient antennas for
Space.
The initial focus with the MoD
customer will be a Wrapped Rib Antenna for Synthetic
Aperture Radar (SAR) that enables high resolution
imaging from small satellite earth observation
missions, irrespective of weather conditions or
daylight. These antennas deploy carbon-fibre ribs
from a central hub to form a parabolic dish of
between 3m and 5m supporting a high performing metal
mesh reflector surface. This UK developed antenna
technology has a uniquely compact stowed
configuration and achieves a highly cost-efficient
performance when deployed in orbit.
Sean Sutcliffe (CEO, Oxford
Space Systems) said:
“This investment will allow us to accelerate our
business plan and in particular our product
development and production programme for the game
changing Wrapped Rib SAR antenna.
The involvement of MoD is a
huge vote of confidence in the technology and the
capability of Oxford Space Systems”
“We will be recruiting up to 50
new staff to double the size of the company over the
next few years and will be working with our supply
chain to support the delivery of these high-quality
products”
The investment round was led by
Longwall Ventures who have been the Company’s lead
investor since its inception. David Denny (Longwall
Partner & Director, Oxford Space Systems) said:
“We are delighted to continue our support for Oxford
Space Systems in the next stage of the company’s
growth. We are excited by the opportunities that the
partnership with NSSIF will bring and are already
seeing the positive impact this close collaboration
will have on the Company’s development.
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