On September 1, 2026, London-based space investment manager Seraphim Space announced the launch of its specialty financial instrument, the New Space ETF. The exchange-traded fund is structured to provide institutional and retail investors with broad exposure to commercial space technology and orbital infrastructure growth.
Portfolio Composition and Target Holdings
The New Space ETF debuts with an initial basket of 23 pure-play and integrated space businesses. The portfolio spans satellite communications, launch service providers, Earth observation, and space domain awareness platforms.
Key holdings integrated into the initial ETF allocation include:
- Commercial Launch and Satellite Operators: Launch providers SpaceX and Rocket Lab, alongside direct-to-cell satellite broadband operator AST SpaceMobile.
- Geospatial Intelligence Providers: Radio frequency analytics operator HawkEye 360.
- Diversified Space Technologies: A selection of 19 additional publicly traded and liquid commercial space platforms across Europe, North America, and the Asia-Pacific region.
Investment Context and Asset Management Heritage
Seraphim Space, led by Chief Executive Officer Mark Boggett, manages a suite of space-focused investment vehicles, including the Seraphim Space Investment Trust (LSE: SSIT) and private venture funds. The firm previously co-led major private funding rounds across the space domain, including HawkEye 360’s $145 million Series D financing and Astroscale’s $109 million Series F round for on-orbit satellite servicing.
The launch of the New Space ETF expands Seraphim’s product line beyond traditional closed-end venture capital and listed investment trusts, providing daily liquidity for public market investors seeking targeted space technology allocations.
Strategic Market Outlook
Seraphim Space designed the fund structure to capitalize on long-term capital flows into smallsat constellations, defense space architectures, and satellite broadband services. By bundling high-growth space hardware and data analytics companies into a single liquid instrument, the fund aims to track operational expansion and revenue scaling across the global space economy.
