Major fund manager warns failure of Virgin Orbit satellite has distracted investors from ‘real gold’ in Britain’s space industry
The failure of the Virgin Orbit satellite has distracted investors from the ‘real gold’ in Britain’s space industry, a major fund manager has warned.
Mark Boggett, who runs London-listed Seraphim Space, said bosses should focus on boosting home-grown space talent – rather than high-profile industry setbacks.
The first satellite mission from UK soil failed to reach orbit in January because its rocket fuel filter became dislodged.
Boggett said: ‘People are so focused on Virgin Orbit, they have no…
