Gloucestershire defence tech firm closes seed round with Foresight backing
Gloucestershire-based defence technology company SpaceAM has closed its seed funding round with backing from Foresight Group.
SpaceAM builds lightweight, AI-enabled sensor systems that can be deployed from the air or into extreme environments to collect data where conventional systems are too heavy, costly or difficult to use.
Its nature-inspired flight technology helps small sensor payloads slow their descent without parachutes or propulsion, while onboard AI turns raw sensor readings into useful insight in real time.
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