Turner Joins NewSpace Capital Advisory Board
People | Feb 18, 2025 | EIN
NewSpace Capital, a premier global private equity firm based in Luxembourg and focused on space and space-related companies, has appointed Air Marshal Andrew Turner CB CBE to its Industry Advisory Board. Turner, currently the CEO of Space4Sight, has an extensive background in aerospace, defense, and space strategy, having served as Deputy Commander of the UK Royal Air Force and played a pivotal role in establishing the UK Space Command. With a distinguished career spanning roles such as Deputy Chief of the Air Force and UK Director General of global military operations, Turner's strategic insights are set to reinforce NewSpace Capital's positioning at the intersection of defense and commercial space technology. The appointment highlights NewSpace Capital's dedication to advancing its portfolio companies that engage in innovative space technology solutions across multiple sectors including sustainability, disaster response, and communications. This move aligns with the firm's objective of navigating the evolving space economy and aiding global security needs in critical times. NewSpace Capital continues to be a significant player in the global space ecosystem since its inception in 2018, investing in leading companies like ATLAS Space Operations and FibreCoat. The space economy is anticipated to reach a valuation of $1.8 trillion by 2035, driven by the increasing integration of satellite technologies.
Sectors
- Private Equity
- Aerospace & Defense
- Space Technology
Geography
- Luxembourg – NewSpace Capital is headquartered in Luxembourg.
- United Kingdom – Air Marshal Andrew Turner is a prominent figure in the UK defense sector, influencing the UK aspect of NewSpace Capital's strategies.
Industry
- Private Equity – The article discusses NewSpace Capital, a private equity firm, and its activities in the space technology sector.
- Aerospace & Defense – Air Marshal Andrew Turner's background and NewSpace Capital's interest intersect at aerospace and defense, particularly in satellite and space command technologies.
- Space Technology – Focus on growth-stage space-related companies and their applications in sustainability, communications, and defense drive the narrative.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NewSpace Capital | Private Equity Firm | Company | A global PE firm specializing in space sector investments. |
| Air Marshal Andrew Turner | Appointee to Advisory Board | People | Former Deputy Commander of the UK Royal Air Force and CEO of Space4Sight. |
| Space4Sight | Company of Air Marshal Andrew Turner | Company | CEO is Air Marshal Andrew Turner. |
| ATLAS Space Operations | Portfolio Company | Company | Leader in satellite communication ground stations. |
| FibreCoat | Portfolio Company | Company | Leader in advanced materials for space and defense. |
| Victoria Pearson | Contact for Publication | People | Public relations contact for Sonder London related to the article. |