
Seraphim Space Investment Trust PLC (LSE:SSIT) has released its financial results for the third quarter of 2025, reporting a slight dip in net asset value (NAV) but highlighting a meaningful rise in the overall valuation of its investment portfolio. During the quarter, SSIT made key additions to its holdings, including a new position in Zeno Power and follow-on investments in portfolio companies ALL.SPACE and Skylo.
The trust’s portfolio has benefited from strong commercial progress, with ICEYE securing several significant contracts and partnerships. Additionally, the successful partial exit from AST SpaceMobile generated liquidity and reinforced SSIT’s capital position. The growing relevance of the space industry—fueled by heightened government interest and increasing defense-related demand—continues to enhance the strategic value of SSIT’s investments.
Balanced Financials, Sector Tailwinds, and Long-Term Promise
Despite facing near-term challenges such as negative cash flow and cautious technical signals, Seraphim Space maintains a healthy balance sheet and improving profitability indicators. While the lack of dividend income may temper short-term investor enthusiasm, the trust remains well-positioned to capitalize on the expanding SpaceTech market, which is increasingly viewed as critical to national security and technological infrastructure.
About Seraphim Space Investment Trust
Seraphim Space Investment Trust PLC is the world’s first publicly listed investment vehicle dedicated exclusively to the SpaceTech sector. The trust invests in innovative companies operating in areas such as satellite communications, Earth observation, and space-based data services. As global interest in space capabilities grows amid geopolitical shifts and defense priorities, SSIT aims to generate long-term value by supporting the next generation of space technology leaders.