Shield Space

Shield Space, a UK defence tech start-up, has raised £2 million in funding led by Mercia Ventures to launch its first orbital test flight and address the challenge of space security.

Summary of transaction details:

• Value: £2 million
• Sector: Defence & Security
• Advisor: Not disclosed
• Key Entities: Shield Space, Mercia Ventures
• Location: UK

Note: This investment highlights the growing importance of space security and the need for innovative solutions to protect satellites from signal jamming or attack, demonstrating the confidence of investors in the company's technology and its potential to address this critical challenge.