Seraphim Space Investment Trust Plc (GB:SSIT) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Seraphim Space Investment Trust PLC, the leading listed SpaceTech investment firm, reported a remarkable year with its portfolio valuation rising to £201.5 million, a 7.5% increase. The company managed to raise approximately $900 million, supported largely by government demand for space capabilities, while achieving a share price increase of over 100%. These developments reflect Seraphim’s strategic positioning in the space sector, with many of its portfolio companies now well-funded to pursue profitability.
For further insights into GB:SSIT stock, check out TipRanks’ Stock Analysis page.