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Oxford based laser communications company, Archangel Lightworks, has successfully closed over £10 million of investment in a round led by Santander Alternative Investments, with participation from National Security Strategic Investment Fund (NSSIF), Blackfinch Ventures, Oxford Capital, Lycka Limited and Oxford Science Enterprises (OSE), accelerating the commercialisation of its deployable optical ground station, the TERRA-M.
Dave Lees will step down as Chief Executive of Bristol Airport after eight years in the role, remaining with the business until a successor has been appointed, supporting a transition process through to the end of 2026.
