that’s space grade, and that allows us to float back from space down to the ground.”
Developing new return technology is a key focus of Space Forge. Besides its heat shield, Pridwen, a nod to the legend of King Arthur, the startup also developed Fielder, a floating net to catch returning satellites and ensure a soft landing on water. These efforts were supported by the U.K. Space Agency and European Space Agency, of which the U.K. is still a member despite Brexit.
Establishing a return infrastructure across Europe is one of Space Forge’s ambitions — and it is underway. This week, the company opened an office in Portugal on the island of Santa Maria in the Azores, a well-suited location for satellite return in mainland Europe and an important step to convince European partners that this approach can reach industrial scale.
The increasing commoditization of both return and launch technologies is what made the rise of in-space manufacturing startups possible in the first place, with applications also including drug discovery and telecom hardware. But their viability is still very dependent on costs coming down, or in finding clients willing to pay that premium.
Shifting geopolitics could help Space Forge secure more of these clients. Western and his co-founder and CTO Andrew Bacon previously worked at Thales Alenia Space, a joint venture between Thales and its Italian peer Leonardo. But the trend is broader than just defense, as concerns mount across Europe over reliance on semiconductors from Taiwan.
“We urgently need a resilient, homegrown supply of the next-gen supermaterials required for the future of compute. We also need this homegrown chip supply to be produced sustainably,” World Fund general partner Daria Saharova wrote in a statement.
The climate tech VC firm, which co-led Space Forge’s seed round and participated in its Series A, is buying into Space Forge’s positioning as a “carbon negative technology” that could fight climate change. However, the emissions savings have yet to be proven at scale and rely on commercial adoption to truly offset each mission.
Space Forge, though, still has to complete its first mission. Its first attempt ended after a grand total of six and a half minutes when Virgin Orbit’s rocket suffered an anomaly in its launch of Cornwall in 2023, losing its entire payload, including Space Forge’s ForgeStar-0 satellite.
With its new funding, the company is now accelerating the development of its latest spacecraft and readying for the launch of its ForgeStar-1 demonstrator later this year, together with Pridwen. And in a nod to the galaxy far, far away, Space Forge announced the mission’s official name — “The Forge Awakens” — on May 4.
Anna Heim met and interviewed Joshua Western and Daria Saharova at a World Fund event that the VC firm covered her travel costs to attend; this article was written independently.