Seeing Machines Reports Automotive Royalties Growth; Seraphim Space Investment Trust Sees Portfolio Revaluation
Seeing Machines anticipates an increase in automotive royalties due to new EU safety regulations, projecting positive adjusted EBITDA in Q3 without needing additional capital. Seraphim Space Investment Trust has experienced strong portfolio revaluation driven by defense contracts, with CEO Mark Boggett noting that major funding rounds and government demand are enhancing valuations.
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Seeing Machines Ltd reports an acceleration in automotive royalties linked to new EU safety regulations and expects positive adjusted EBITDA for Q3, with no need for additional capital. Meanwhile, Seraphim Space Investment Trust PLC has reported significant portfolio revaluation spurred by defense contracts. CEO Mark Boggett highlights that increased funding rounds and government demand are contributing to higher valuations for the trust's portfolio.
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