Glasgow-based Space Aye Limited secures £447.7k for real-time satellite tracking platform

Identifying people and assets in real-time using satellite imagery is the core focus of Space Aye Limited, which recently secured an estimated £447.7k in new funding. The Glasgow-based firm has reached an estimated post-money valuation of £10.1m following this latest allotment.

Founded in 2012, the business addresses the limitations of traditional mapping services that rely on static, historical images by merging Earth Observation data with Internet of Things (IoT) inputs. This technology integrates biometrics, location, and video from smart devices into live feeds to serve corporate and government clients in the security, logistics, and environmental monitoring sectors.

Financial filings for the year ended 30 April 2026 show the company employed 9 people, though its LinkedIn profile indicates a team of 20 staff. The current round follows previous capital injections totaling £127.3k earlier in 2026 and £119.1k during 2025. The firm holds inter-continental patents for its process of identifying connected devices within imagery. Documentation for the most recent share allotment was filed in June.