SERAPHIM SPACE INVESTMENT TRUST PLC

Regulatory Filings • Jun 2, 2025

National Storage Mechanism | Additional information

RNS Number : 0960L

Seraphim Space Investment Trust

02 June 2025

Seraphim Space Investment Trust  - Update from QuotedData

2nd June 2025

SpaceTech - the critical frontier in modern defence

Seraphim Space Investment Trust (SSIT) provides investors with focused exposure to the commercial space sector - one that is increasingly intertwined with defence. Around 78% of the trust's portfolio has applications in defence, and key holdings such as ICEYE and ALL.SPACE are already embedded in the operational infrastructure of European and US militaries. Despite the potential of that strategic positioning, and a 130.4% uplift in the value of its private investments since launch, the trust continues to trade on a steep 47% discount to net asset value (NAV).

This valuation disconnect may not persist. Rising geopolitical tensions and renewed commitment to military spending - exemplified by the EU's €800bn ReArm initiative and the UK's increasing defence budget - are driving structural demand for space-enabled defence capabilities. Many of SSIT's portfolio companies are already demonstrating strong financial resilience, with healthy cash runways (i.e. the amount of time a company can operate before needing to raise more capital) and growing commercial traction. As defence spending continues to rise and macro headwinds such as  interest rates  begin to ease, a re-rating of SSIT's holdings closer to those of their peers in the broader aerospace and defence sector would be justified in our view.

Full Research:

https://quoteddata.com/research/seraphim-space-investment-trust-spacetech-the-critical-frontier-in-modern-defence-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note 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.

QUOTEDDATA

50 Gresham Street | London EC2V 7AY

Tel: +44 (0) 20 3691 9430

www.quoteddata.com | [email protected] | www.martenandco.com

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAFTMFTMTBMBIA