Finance

South East Angels backs satellite data startup Blue Skies Space

Published by
Daniel Face

South East Angels, a group of high net worth individuals based in Brighton, has invested in Blue Skies Space – a startup looking to transform the way in which scientists study the universe.

The London business provides a data access model open to all scientists around the world via affordable annual memberships.

Blue Skies has already brought aboard institutions across eleven countries, including Cardiff University, Vanderbilt University (USA), The French Alternative Energies and Atomic Energy Commission, and the National Astronomical Observatory of Japan.

Kristina Pereckaite, MD at South East Angels, said: “Our aim at South East Angels is to back ambitious and innovative companies that are globally scalable. Blue Skies Space epitomizes this ethos.

“We’re excited to see their satellites provide critical insight to scientists worldwide.”

The £2 million joint investment from South East Angels, SFC Capital and Japan’s SPARX Group will help the Blue Skies team launch their first satellite, Mauve, by early 2025.

It’s also set to accelerate deployment of future satellites.

CEO Marcell Tessenyi added: “Blue Skies Space was founded to create opportunities for every scientist across the world by opening access to satellite data.

“Our fleet of small, agile satellites enable scientists to quickly initiate new areas of science faster than ever before, while complementing the larger facilities built by government agencies, which are in huge demand and often heavily oversubscribed.”

Daniel Face

Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL. Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience. Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

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