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Space Forge

Welsh company working to grow semiconductor seed crystals in orbit and return them to Earth, using a folding heat shield it designed to bring small satellites home. Its first satellite reached orbit in 2025.

Products, by altitude

Low Earth orbit · 160–2,000 km

  • In service

    ForgeStar-1

    Test satellite for growing semiconductor crystals in orbit

Edge of space · 80–160 km

  • Testing

    Pridwen heat shield

    Folding heat shield that protects small satellites returning to Earth

Known rounds

DateRoundAmountLed by
May 2025Series A$30MNATO Innovation Fund⁠1
Jul 2024Strategic investmentUndisclosedNATO Innovation Fund⁠2
Dec 2021Seed$10.2MSpaceFund, Type One Ventures, World Fund⁠3

Government awards

DateAgencyProgramAmount
Nov 2023UK Space AgencySpace Clusters Infrastructure Fund (National Microgravity Research Centre)GBP 7.9M⁠4

Milestones

  • Aug 2026 Selected the Texas A&M University System as a U.S. manufacturing base for advanced semiconductor materials. Company statement⁠5

Sources

  1. Space Forge press releaseMay 14, 2025
  2. Space ForgeJul 1, 2024
  3. Space ForgeDec 5, 2021
  4. Space ForgeNov 23, 2023
  5. Space Forge press releaseAug 17, 2026
  6. Space Forge

Updated Oct 22, 2026 · How we source facts · Suggest a correction