Space start-ups jostle for Nato billions
Mark Boggett, chief executive of Seraphim Space, argues the sector could capture 10 per cent to 20 per cent of the global increase in defence budgets — a figure he admits has been greeted with scepticism. Those critics have failed to recognise the shift in defence needs, he said. “The past is not a guide to where this money will be required. Conflict will be less about tanks and helicopters and more about digital capability. There is a whole new requirement for where this money is going to be allocated.”