Bright Ascension Raises £2.25M Funding to Develop and Market HELIX Products

Bright Ascension's Funding Round

Key Highlights:

• Funding Amount: Raised £2.25 million in funding.
• Investors: Scottish Enterprise, Capital for Colleagues (C4C), and others.
• Product Development: Funding will support the final stages of development and market release of Bright Ascension's HELIX products.

Bright Ascension's Target Market

• Space Industry: Space agencies, satellite manufacturers, and companies involved in space-based services.
• Space Software Developers: Developers looking for off-the-shelf software products and solutions to accelerate mission development and simplify operations.
• Ground-Based Service Providers: Organizations offering services related to space-based operations and satellite communication.

What Bright Ascension Needs to Buy

• Research and Development: Continued investment in R&D to enhance and expand their space software technology offerings.
• Marketing and Sales Support: Assistance in promoting and selling their HELIX products to target customers in the space industry.
• Partnerships and Collaborations: Collaborations with space agencies, satellite manufacturers, and other industry players to further develop and deploy their technology.