Space Forge secured £10 million in grant funding from the European Space Agency’s General Support Technology Programme, backed by the UK Space Agency, to design, build, launch and return its Pridwen reusable heat shield for commercial in-space manufacturing returns. Additionally, Space Forge raised about $63 million across 12 funding rounds, including a $30 million Series A in May 2025 to advance its ForgeStar orbital manufacturing platform. The company also achieved key R&D milestones, including successfully launching ForgeStar-1 into orbit on June 27, 2025, and completing the Plasma Strike experiment focused on commercial plasma production. Furthermore, Space Forge advanced its Pridwen fold-out heat shield system toward commercial readiness, backed by a £10 million ESA-funded mission to design, build, launch and demonstrate safe, routine return of in-space manufactured materials from orbit.