Shield Space gears up for orbit

A defence technology start-up says it is ready to launch its next phase of growth after securing investment to support testing and growth.

Lincolnshire-based Shield Space has raised £2 million to progress its first orbital test flight, as it develops systems designed to protect satellites from signal jamming, hostile attacks and other threats in space. 

The funding round was led by the Midlands Engine Investment Fund II through Mercia Ventures, with support from Twin Path Ventures, ROI Ventures and P3A Ventures.

Bosses say the latest investment will enable Shield Space, which was founded in 2025 by former UK Space Command colleagues Graeme Ritchie and Dan Molland, to relocate to new premises in Lincoln, create five new jobs and prepare for its first orbital test flight, planned for early 2027.

Graeme, who is chief executive, said: “Much of modern life depends on space – our adversaries understand this and deliberately exploit uncertainty and delay. 

“Our ambition is to give the UK, NATO and its allies sovereign space capabilities to operate decisively in contested environments. 

“Space will have its Battle of Britain moment, just as air power did in 1940. 

“Establishing our operations in the Midlands and growing our team is critical to ensure we are ready when that moment arrives.”

Shield Space is developing autonomous artificial intelligence guidance technology that allows satellites to detect potential dangers and manoeuvre away without relying on ground-based control. 

The approach aims to address growing risks to space-based infrastructure, which underpins a significant proportion of the UK economy through services such as communications and navigation.

Threats to satellites are increasing, driven by the rise in jamming incidents, the development of counterspace systems and the growing volume of orbital debris. 

Existing responses are often slow, as satellite movements are typically managed by teams on the ground.

The company’s longer-term ambition is to support the protection of critical national infrastructure in space as reliance on satellite technology continues to grow.

Dan, chief technology officer, added: “Shield Space will not only help secure space, but also deliver significant cost savings by enabling satellites to respond in real time without access to space networks or costly operational teams. 

“We aim to make the UK safer and stronger and establish its reputation as a credible space power.”

Amrit Sami, of Mercia Ventures, added: “As we embark on the start of a new space age, protecting our space assets has become a national priority.

“Shield Space is addressing this challenge. 

“We are proud to be leading this investment, which will enable the team to accelerate development and ultimately to enhance the security of the UK and its NATO allies.”

Engine Investment Fund II, operated by the British Business Bank, provides debt finance of £25,000 to £2 million and equity investment up to £5 million to help Midlands-based small and medium-sized businesses start, grow or innovate, aiming to boost sustainable economic growth, increase early-stage funding availability and improve access to finance for firms that might otherwise miss out.

Louis Taylor, chief executive of the British Business Bank, added: “Backing start-ups in the manufacturing and technology sectors is a key priority for the British Business Bank. 

“Shield Space’s technology has the potential to safeguard strategic assets in space, and this latest funding will support its first flight launch. 

“It is encouraging to see the Greater Lincolnshire mayor’s commitment to helping businesses in the region to start up, scale up and grow. 

“Small businesses are the backbone of our economy, and we are pleased to help companies access the capital they need through our investment funds.” 

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