Craft Prospect

Glasgow, United Kingdom Founded: 2017 • Age: 9 yrs
AI-enabled space cybersecurity and quantum encryption services are provided.
Annual revenue - Latest available
Total funding $2.2M 4 rounds
Employees 24 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Craft Prospect

Craft Prospect is a company based in Glasgow (United Kingdom) founded in 2017. Craft Prospect has raised $2.23 million across 4 funding rounds from investors including Gov.uk, University of Strathclyde and European Union. The company has 24 employees as of January 31, 2022. Craft Prospect offers products and services including Smart Sensors, ASTRAL Intelligence Tool Box, Quantum Key Distribution Payload, and Single Photon Source. Craft Prospect operates in a competitive market with competitors including Voyager Space, Spaceflight, Loft Orbital, Smallspark Space Systems and Maritime Launch Services, among others.

  • Headquarter Glasgow, United Kingdom
  • Employees 24 as on 31 Jan, 2022
  • Stage Minicorn
  • Sectors
    Aerospace, Defense & Maritime
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Craft Prospect Ltd
  • Date of Incorporation 13 Feb, 2017
  • Jurisdiction GLASGOW, SCOTLAND
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.23 M (USD)

    in 4 rounds

  • Latest Funding Round
    $402.74 K (USD), Seed

    Nov 16, 2021

  • Investors
    Gov.uk

    & 3 more

  • Employee Count
    24

    as on Jan 31, 2022

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Products & Services of Craft Prospect

Craft Prospect offers a comprehensive portfolio of products and services, including Smart Sensors, ASTRAL Intelligence Tool Box, Quantum Key Distribution Payload, and Single Photon Source.

Product name locked
Category locked
Primary

Sensors for Earth observation and space domain awareness with high-value data prioritisation.

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Tools for on-board product creation and real-time decision-making in space missions.

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Payload for secure communication using BB84 protocol in CubeSats.

Product name locked
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Device for CubeSats enabling secure quantum communication protocols.

People of Craft Prospect

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Steve Greenland
Managing Director
People
Duncan Wither
Hardware Integration Engineer
People
Kevin Quillien
Head Of Engineering
People
Lauryn Mahood
Space Systems Engineer

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Funding Insights of Craft Prospect

Craft Prospect has successfully raised a total of $2.23M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $402.74 thousand completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Craft Prospect

Craft Prospect has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, University of Strathclyde and European Union.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Capital For Colleagues is focused on advising and investing in employee-owned businesses.
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Online government services and information are provided to users.
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Public university offering multiple degrees and courses across diversified streams
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Investor details for Craft Prospect

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Investments & Acquisitions by Craft Prospect

Investments
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Investment portfolio details for Craft Prospect

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Financial Statements - Craft Prospect

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Detailed financials for Craft Prospect

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Craft Prospect Comparisons

Craft Prospect Primary company
Description
AI-enabled space cybersecurity and quantum encryption servic...
Location
Glasgow, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
24
As of 2022
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Peer comparison for Craft Prospect

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Competitors of Craft Prospect

Craft Prospect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Voyager Space, Spaceflight, Loft Orbital, Smallspark Space Systems and Maritime Launch Services, among others.

Company Name Domain Founded year HQ Location Description
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Systems and solutions for space and defense applications are provided.
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Launch services and mission management for small satellites are developed.
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Space mission launch services for microsatellites are provided.
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Delivers AI-powered services for space mission launches.
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Launch facilities for small satellites are provided.
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Launch mission services are provided to the aerospace industry.
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Detailed competitors of Craft Prospect

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Latest news on Craft Prospect

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Complete news archive for Craft Prospect

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Frequently Asked Questions about Craft Prospect

Craft Prospect was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Craft Prospect is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

Craft Prospect is a funded company, having raised a total of $2.23M across 4 funding rounds to date.

As of Jan 31, 2022, the latest employee count at Craft Prospect is 24.

Craft Prospect was founded in 2017 in Glasgow, United Kingdom, within the space technology sector. AI-enabled services for space cybersecurity and quantum encryption are offered, alongside support engineering for satellite operations and Earth observation. Embedded systems, mission architecture, and software for in-orbit data processing are included in the portfolio. Forward-looking imagers with integrated cameras for orbital imagery capture are also developed and provided.

Craft Prospect's top competitors include Loft Orbital, Maritime Launch Services and Sidus Space.

Craft Prospect offers Smart Sensors, ASTRAL Intelligence Tool Box, Quantum Key Distribution Payload, and Single Photon Source.

Craft Prospect has 4 investors. Key investors include Gov.uk, University of Strathclyde, European Union, and Capital For Colleagues.

The valuation of Craft Prospect is $10.14M as of Aug 2021.

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