Edinburgh-based Sofant Technologies has secured £6.25 million in an equity funding round led by EMV Capital Partners, with additional participation from Scottish Enterprise.
This significant financial injection marks a pivotal shift for the company as it transitions from an extended research and development phase toward a full commercial launch of its next-generation satellite communication terminals.
The funding package comprises approximately £1.1m in new equity, the conversion of £4.7m in loans, and £430,000 in advance subscriptions. This investment follows the recent appointment of former Virgin Galactic pioneer Will Whitehorn as chairman, signalling a period of strong momentum for the firm. Supported by programmes with both the European Space Agency and the UK Space Agency, Sofant’s technology provides high-speed, low-latency connectivity. Crucially, it eliminates the need for complex cooling systems, removing a major technical barrier to scaling modern satellite and defence platforms.
David Wither, CEO of Sofant Technologies, said: “We are pleased to have secured this significant investment from our existing shareholder base, and to welcome NSSIF as a new strategic shareholder.
“This support is a testament to the disruptive potential of Sofant’s technology and the remarkable progress our team has made in recent months. With this additional capital, we are positioned to accelerate our commercial deployment and redefine what is possible in wireless communications.
“EMVC has supported Sofant through several phases of development, and we would like to thank them for leading this round and for their continued support and guidance, along with our wider shareholder base.”
Dr Ilian Iliev, CEO of EMV Capital and Sofant investor director, added: “EMV Capital’s anchoring of this pivotal funding round reflects our continued confidence in Sofant’s breakthrough low-power RF MEMS technology, which we believe represents a step-change in the architecture of next-generation wireless systems, with the potential to reshape products across defence, aerospace, satellite communications and high-performance enterprise markets.
“This investment fits closely with our investment thesis of providing decisive hands-on support at key value inflection points of our portfolio companies, and to help attract strategic finance.
“We look forward to working closely with the Sofant team as they scale into global markets and unlock the significant value we believe this technology can create.”