SecFund invests in Advanced composite producer Arceon
Advanced Composite producer Arceon receives an investment from SecFund and Tenzing Alpha. The Delft-based company produces the carbon composite ‘Carbeon’ for rocket and satellite systems. With Carbeon, producers of space systems can improve the performance of these systems and shorten delivery times.
Carbeon is lighter, stronger, and more resistant to extreme temperatures. Thanks to a smart production process – where the material is made in one step instead of multiple cycles and Arceon uses unique silicon-infiltration techniques – Carbeon can also be delivered faster. This allows producers to work faster on the next generation of space systems, such as hypersonic rockets and more effective satellites.
ISS
Arceon was founded in 2018 by a team with extensive experience in composites and aerospace technology. Since then, the material has been extensively tested multiple times by renowned research institutions and space organizations such as ESA, including in extreme conditions like a mission to the International Space Station (ISS). The company is now making the step from R&D to commercial scaling.
“This investment enables Arceon to expand its production capacity and take the step towards commercial scaling,” Rahul Shirke, CEO Arceon
“Arceon represents the top segment of material science and enables new products in aerospace and defense. We are happy to support them in scaling up their production capacity and their international ambitions,” Gerard van Swieten, partner Tenzing Alpha
“Arceon is active in a sector where performance and delivery times make the difference. We are investing in Arceon because Carbeon represents a big step forward for space and defense systems in the EU,” Max Straatman, Investment Manager InnovationQuarter
Dual use
The SecFund focuses on dual-use companies. These are companies that develop products or services that can be applied in both the civil and defense sectors. Carbeon is suitable for both civil aerospace applications and defense systems. Think of satellites, rockets, and hypersonic systems. This broad applicability makes the technology strategically relevant for Europe.
The SecFund is a collaboration between the Ministry of Defence, the Ministry of Economic Affairs, and the regional development agencies (ROMs). The execution of this fund with national coverage is entrusted to the Brabantse Ontwikkelings Maatschappij (BOM) in collaboration with the other ROMs. This investment follows an early-stage financing from UNIIQ.
More information about SecFund can be found here: SecFund