Seraphim Space Investment Trust Doubled its Value in 2026

What happened

The strategy has kept Seraphim away from investing in some verticals—such as traditional launch capabilities—while focusing instead on the companies that can build a vertically integrated, IP-protected business leveraging space. Seraphim’s major holdings—ICEYE, ALL.SPACE, D-Orbit, HawkEye 360, and Xona Space Systems, which together represent more than 75% of the firm’s portfolio—all had a great year, and that success has trickled upwards.

The post Seraphim Space Investment Trust Doubled its Value in 2026 appeared first on Payload . Seraphim Space Investment Trust ($SSIT) published its FY26 financials yesterday, revealing a valuation of £605.5M (€716.3M)—more than double its value in June 2025.

However, Seraphim has also benefitted heavily from a favorable macroeconomic environment, as government spending on space continues to increase and VC interest in the sector grows. The winners: The investment strategy behind Seraphim’s portfolio is one focused on the digital infrastructure underlying the space industry.