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Space Forge
Space · Cardiff, United Kingdom · Founded 2018
Using space to save our home planet MoreLess
Positioned at the forefront of in-space manufacturing, Space Forge is a UK-based company aiming to leverage the unique conditions of microgravity, vacuum, and extreme temperatures for industrial-scale production. Founded in 2018 by Joshua Western and Andrew Bacon, the company originated in a Bristol garage before establishing its primary operations in Cardiff, Wales. The founders, who met while working at Thales Alenia Space, bring a wealth of experience to the venture; Western's background spans business development at the UK Space Agency, while Bacon has over a decade of experience designing and building space technologies.
Space Forge's core business revolves around developing a reusable and returnable satellite platform, the ForgeStar, designed to manufacture high-value materials in orbit that are difficult or impossible to create on Earth. This service, termed "Microgravity-as-a-Service," caters to industries such as semiconductors, pharmaceuticals, and advanced materials by offering on-demand, in-space production. The company's business model is centered on providing access to its ForgeStar platform for other organizations to conduct research and manufacturing, thereby lowering the barrier to entry for leveraging the space environment. By manufacturing materials like purer crystals and unique alloys in space, Space Forge aims to revolutionize terrestrial industries, including renewable energy, transportation, and computing. For example, space-manufactured semiconductors are projected to significantly reduce energy consumption in applications like data centers and EV charging.
The ForgeStar vehicle is a key component of the company's offering. It is a small, low-cost satellite designed to be launched, perform its manufacturing mission for a period of weeks to months, and then return to Earth for refurbishment and reuse, a key differentiator that also addresses the issue of space debris. A critical enabling technology for this is a proprietary, foldable heat shield called 'Pridwen,' designed for a soft descent and high-precision landing. The company's first test mission, ForgeStar-0, launched in January 2023 to validate on-orbit manufacturing capabilities, though it did not reach orbit. Future missions, ForgeStar-1 and the more advanced ForgeStar-2, are planned to demonstrate the full, scalable platform. The company has secured significant funding, including a record-breaking £22.6 million Series A round in May 2025, to accelerate these developments.
Keywords: in-space manufacturing, reusable satellites, microgravity services, advanced materials, semiconductor production, ForgeStar platform, return-to-Earth technology, space-based economy, alloy fabrication, pharmaceutical research
Company overview
Space Forge company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Cardiff, United Kingdom
- Employees
- 75
- Open positions
- None listed
- Dealroom signal
- 66.4
Valuation & funding
Space Forge funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Jun 2026 | $13M | — | Government of the United Kingdom | ↗ |
| GRANTOther financing | Feb 2026 | $396K | — | Government of the United Kingdom | ↗ |
| SERIES AOther financing | May 2025 | $30M | $119M | World Fund · NATO Innovation Fund - NIF · British Business Bank · National Security Strategic Investment Fund | ↗ |
| EARLY VCOther financing | Jun 2024 | $0 | — | NATO Innovation Fund - NIF | ↗ |
| GRANTOther financing | Feb 2024 | $10M | — | Undisclosed | ↗ |
| GRANTOther financing | Nov 2023 | Undisclosed | ↗ | ||
| GRANTOther financing | Jun 2023 | Undisclosed | ↗ | ||
| SUPPORT PROGRAMOther financing | Nov 2022 | Intel Ignite | ↗ | ||
| SEEDOther financing | Dec 2021 | Newable Private Investing · Quiet Capital · Starbridge Venture Capital · Type One Ventures | ↗ | ||
| SEEDOther financing | Jul 2021 | George Whitesides · Development Bank of Wales · Type One Ventures · BPEC | — |
Growth signals
Space Forge website traffic
Latest recorded traffic for Space Forge is 6K monthly website visits, down 25.9% over the last three months. Space Forge's team declined 1.3% over the past year.
Comparisons
Space Forge compared with similar companies
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Talent graph
Space Forge's talent
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Global footprint
Where Space Forge has talent and traffic
team presence
In the news
Latest news about Space Forge
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Market sentiment
What the market is saying about Space Forge
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Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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