Seraphim Capital, a specialist investment group focused on the Space sector, has appointed Jan Wörner, former Director General of the European Space Agency, as Senior Advisor and Member of the firm’s Advisory Board.

Wörner has held a long and distinguished career in the Space sector. He served as the Director General of the European Space Agency (ESA), the highest-ranking official of the ESA, for over five years between 2015 to 2021 and served as Chairman of the ESA Council from 2012 to 2014. Wörner led an ambitious technology strategy for Europe to strengthen its position in an increasingly competitive global market. He championed leveraging commercial technologies to build lower cost and higher performance satellites for communications, earth observation, navigation and science at ESA. Wörner has also been a strong advocate of space sustainabilit, ie active space debris removal and ensuring all its missions are environmentally neutral.

Jan Wörner, Senior Advisor and Member of the Advisory Board of Seraphim Capital, says: “I am delighted to join the Seraphim Capital’s advisory Board. As the global leader in SpaceTech investment, Seraphim endlessly explores the ecosystem to discover and invest in the companies that will shape a new economic revolution, transform the world and improve our daily lives.”

Mark Boggett, Managing Director of Seraphim Capital, says: “It is a real honour to welcome Jan as a Member of our Advisory Board. The Space Tech sector is forecast to grow into a trillion-dollar industry this decade. Technological advances are at a watershed moment, overturning traditional models for operating in Space, as low-cost access to Space becomes a reality with innovations such as reusable rockets and miniaturised satellites. Jan’s experience and expertise in the industry will be invaluable to Seraphim as we continue to grow our portfolio across the full SpaceTech ecosystem.”

Read more/Source: Private Equity Wire