The Scottish Space Network is to initiate a strategic partnership with New York-based Sustainable Alpha, opening up investment opportunities for the Scottish, UK and international space sectors.

The collaboration with the US venture culture diagnostic specialist, initially focusing on “identifying the funding needs of the fast-growing industry and developing a comprehensive strategy,” will mark a first for the Scottish space sector. Alongside ensuring Scotland reaches its potential within the area, the partnership will also provide business support for early-stage space startups and “secure opportunities for the global investment community to invest in leading early-stage and scaling tech businesses”.

“The global supply chain is evolving and innovating quickly, so it’s imperative that we look across the UK, Europe and internationally to understand the best-in-class solutions and where Scottish companies can be world-class leaders in the global ecosystem,” commented Ross Hamilton, founder of Sustainable Alpha. He also highlighted the Scottish government’s Global Capital Investment Plan, published in 2021, as being instrumental in “already building connections with financial centres around the world”.

“This partnership is the first of several key collaborations that the Scottish Space Network will announce to drive support for the sector,” concluded Andy Campbell, founder of the Scottish Space Network. “We invite Scottish companies within or looking to enter the space sector to share their future investment requirements with us, enabling us to tailor our support and meet the sector’s needs effectively”.
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