Startup · United Kingdom
Craft Prospect
HQ Glasgow, United KingdomFounded 201711-50 employeesUpdated
Craft Prospect is a small satellite company leading a 20 million euro ESA mission combining SmallSat system engineering, onboard AI and quantum cryptography capabilities.
Funding7 rounds · ~$1.4M
- Equity raised
- ~$1.4M
- Debt, secondaries & grants
- ~$2.4M
- Latest
- $467KGrant · Mar 1, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Mar 1, 2024 | Grant | $467K | — | — | — | Speculative |
| Oct 1, 2022 | Grant | Undisclosed | — | — | — | Reported |
| Nov 1, 2021 | Grant | ~$1.2M | — | — | — | Reported |
| Sep 1, 2021 | Undisclosed | ~$1.4M | — | — | — | Reported |
| Jan 1, 2021 | Grant | ~$286K | — | — | — | Reported |
| Jan 1, 2020 | Grant | ~$353K | — | — | — | Reported |
| Apr 1, 2018 | Grant | $160K | — | — | — | Reported |
- GrantSpeculative$467KMar 1, 2024
- GrantUndisclosedOct 1, 2022
- Grant~$1.2MNov 1, 2021
- Undisclosed~$1.4MSep 1, 2021
- Grant~$286KJan 1, 2021
- Grant~$353KJan 1, 2020
- Grant$160KApr 1, 2018
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Quantum and advanced computing | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Small satellite company leading an ESA mission with onboard AI and quantum cryptography; civil use only is stated. | Reported |
| Space, launch and counterspace | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Small satellite company leading an ESA mission with onboard AI and quantum cryptography; civil use only is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Small satellite company leading an ESA mission with onboard AI and quantum cryptography; civil use only is stated.—Reported
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Small satellite company leading an ESA mission with onboard AI and quantum cryptography; civil use only is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
Sources6
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "UK", "hq_iso2": "GB", "id": "1d8f363d-a41e-4158-b36a-7ba6d5c672d9"}”
- 2
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url
“employee_range: 11-50 (profile: 11-50)”
Systems2
- 3
Craft Prospect · Supports Organization · description, Organization · name, Organization · website, System
“Craft Prospect is a small satellite company leading a 20 million euro ESA mission combining SmallSat system engineering, onboard AI and quantum cryptography capabilities.”
- 4
Craft Prospect · Supports System
“OPS-SAT VOLT is a circa €20 million satellite mission funded by [ESA](https://www.esa.int/) and [UKSA](https://www.gov.uk/government/organisations/uk-space-agency) and led by Craft Prospect. As part of the [ScyLight programme](https://www.esa.int/Applications/Connectivity_and_Secure_Communications/ScyLight_-_Optical_and_Quantum_communications), the mission will test and demonstrate new optical and quantum communication technologies in a low Earth orbit environment”
Funding2
- 5
PitchBook · Supports Funding round, Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“Grant”
- 6CompanyCraft Prospect | LinkedIn
LinkedIn · Supports Funding round, Organization · hq region, Organization · ownership
“funding round: Grant, 2020-01-01, GBP 270,000”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.