Ministry of Defence’s, Defence, Science and Technology Laboratory joins Seraphim Space Camp as Corporate Partner and Sponsor.4th March 2019
As Featured in TechCrunch and UK Tech News
LONDON, 4th March 2019: The Defence, Science and Technology Laboratory has joined Seraphim Space Camp, (Seraphim Capital’s SpaceTech accelerator,) as the newest corporate partner to support the programme in 2019.
DSTL joins other high-profile corporate partners including Rolls Royce, Inmarsat, Airbus and the European Space Agency. The accelerator, now in its second year, provides inside access to the latest innovation within the SpaceTech sector and creates connections with leading global seed stage startups working in the sector.
The engagement comes at a time when DSTL is looking to accelerate the development of new, innovative capabilities - especially those in the space domain. Through its sponsorship, DSTL will be able to engage with Seraphim’s extensive pipeline of emerging technologies to address upcoming defence and security challenges facing the MOD. As a partner, it will have the ability to develop proofs-of-concept and pilots, with the top 2% of start-ups in the SpaceTech ecosystem and determine whether these technologies could have real applications within the agency.
Michael O’Callaghan, Space Programme Manager at DSTL stated:
“We are incredibly excited to be coming on board for Space Camp's 2019 programme. From advanced space technologies, through to state-of-the-art earth observation start-ups; Seraphim Space Camp’s deal-flow of companies has huge applications within the Defence and Security Sector”.
Rob Desborough, Seraphim Capital Investment Director and Director of Seraphim Space Camp commented:
“Bringing on the Defence Science and Technology Laboratory is a big deal for us. Not only are our visions very much aligned but I believe the start-ups on our programme will really benefit from having such a big player in the UK’s Defence and Space Sector so closely involved; and will be a great addition to the high pedigree of corporate partners we’ve been lucky enough to have on board so far.”
The Defence Science and Technology Laboratory (DSTL) delivers high-impact science and technology (S & T) for the UK's defence, security and prosperity.
Our role is to deliver S&T for defence and security and to steward defence and security S&T capabilities
DSTL is an Executive Agency of the MOD, run along commercial lines. It is one of the principal government organisations dedicated to S&T in the defence and security field, with six sites; Porton Down, near Salisbury, Portsdown West, near Portsmouth, Fort Halstead, near Sevenoaks, Sandridge, near St Albans, Langhurst, near Horsham and Alverstoke, near Gosport.
DSTL works with a wide range of partners and suppliers in the industry, in academia and overseas.
About Seraphim Space Camp
Space Camp is the UK’s first dedicated accelerator programme for start-ups in the SpaceTech industry. Launched by Seraphim Capital, the world’s only venture capital fund specialising exclusively in SpaceTech investment, Space Camp is backed by both the UK and European Space Agencies as well as by corporate partners such as Dentons, Rolls Royce and Cyient
Taking a “VC-mindset” approach to the accelerator concept, the founders of Space Camp believe that investment readiness should be a prerequisite for companies’ participation in the programme, not the endgame.
The Space Camp value proposition is designed to attract the ‘best of breed’, high growth technology companies that are best addressing the biggest challenges facing corporates and the wider SpaceTech industry, and to support them in achieving commercial scale by creating tangible outcomes beyond simply funding.
Space Camp is creating an ecosystem and community support network to ensure that participating start-ups are equipped to maintain their accelerated growth beyond the completion of the programme, providing mentoring from more established companies from the Seraphim Capital portfolio, opportunities to work with invested corporate partners on proof-of-concepts and other technology integrations, and ongoing access to facilities and resources in locations around the world.
For more information, please visit: https://spacecamp.vc/