Lift off: Patrick McCall joins London-listed Seraphim Space Investment Trust this week as a venture partner
Sir Richard Branson’s right-hand man is ditching him to head for the stars.
Patrick McCall, former chairman of Virgin Galactic and Virgin Orbit, joins London-listed Seraphim Space Investment Trust this week as a venture partner.
Seraphim focuses on fast-growing space tech firms and has put £135million into them since floating on the London Stock Exchange in 2021. Branson is a backer. McCall, 57, has been a director at Virgin since 2001 and has developed businesses including Virgin Active and Virgin Trains.
His most recent role was senior partner at Virgin Group. He played a key role in brokering the agreement for it to launch a satellite from Cornwall this year.
He will sit on the boards of companies Seraphim has invested in, such as D-Orbit, which drops off other firm’ satellites in space and collects old or broken kit.
McCall said: ‘New tech and rapid innovation are driving significant progress in the sector and enabling new space companies to tackle some of the world’s most complex environmental and social challenges.’
THE INVESTING SHOW
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