Lumi Space and the EIC Accelerator: Lasers to Track Satellites
Lumi Space, incorporated in Yateley, Hampshire, in 2018, provides satellite laser ranging: ground stations fire short laser pulses at retroreflectors on satellites and time the return to measure orbits far more precisely than radar, which the company says is "1000 x more accurate" than traditional tracking. Precise orbits help satellites avoid collisions and support debris removal and in-orbit servicing. Lumi Space was selected in the EIC Accelerator's March 2023 cut-off for a grant-only award for "Lumi SLR", described as "Revolutionising space sustainability through precise and scalable Satellite Laser Ranging", according to the EIC's list of winners. The project does not appear in CORDIS, the EU's database of funded projects, so its budget, dates and reports are not public.
The company's website sells "orbit determination as a service" through an API, alongside retroreflectors for satellite makers. Its blog has no posts. Earlier work was supported by Innovate UK and the Satellite Applications Catapult, which helped it produce metal retroreflectors and test laser ranging hardware over long distances, according to the Catapult. No customers, contracts or station locations are named publicly.
Company file
- Legal entity
- Lumi Space Limited, company no. 11693767, Yateley
- Controlling owner
- Dr Hira Singh Virdee, since 2018
- Owner since Oct 2025
- Foundational Limited, controlled by the founder
- Products
- POD-API orbit data, retroreflectors, SHIMM
- Earlier support
- Innovate UK, Satellite Applications Catapult
- Accounts
- Small-company, no profit and loss published
- EIC funding
- Grant only
Where Lumi Space Stands Now
Lumi Space's average workforce grew from 6 in the year to November 2022 to 17 in the year to November 2025, and net assets rose from £22,789 to £822,391, according to accounts filed at Companies House. In 2025 it added £197,520 of equipment, and at the year end held £497,341 in cash, with debtors of £617,084 and creditors of £424,439. In October 2025 ownership passed from Hira Singh Virdee, its controlling shareholder since 2018, to Foundational Limited, a holding company he controls, according to the register of persons with significant control.
The record
From a Yateley start-up to a laser ranging service
Lumi Space was selected by the EIC in March 2023 for a grant-only award. As a UK company, its project does not appear in the EU's CORDIS database, so no project reports are public.
- Nov 2018Company incorporatedYateley, Hampshire
- Mar 2023EIC Accelerator cut-offLumi SLRgrant only
- Nov 2024Financial year end11 staff, net assets £183k
- Oct 2025Holding company createdFoundational Limited, founder-controlled
- Nov 2025Financial year end17 staff, net assets £822k
Companies House, EIC and Satellite Applications Catapult.
"Traditional satellite tracking methods are not good enough for the New-Space era. We are 1000 x more accurate."
Lumi Space, websiteThe Technology: Timing Light to the Centimetre
Lumi Space says traditional tracking methods are not good enough for today's crowded orbits. Laser ranging measures distance by the round-trip time of light; the Catapult describes Lumi's system as pinpointing small objects "with centimetre-level precision". Lumi Space wants to make it a commercial service with automated ground stations and cheap reflectors on customers' satellites. How many stations it runs and how accurate they are in service has not been published.
The team
Average employees by financial year
Lumi Space's headcount almost tripled between 2022 and 2025.
Accounts filed at Companies House. Years ending 30 November. Employees.
What the EIC Award Promised, and What the Record Shows
The award promised precise and scalable satellite laser ranging for space sustainability. Because the project is outside CORDIS, there is no public objective, budget, timeline or report to check it against. The company's growth in staff and equipment is consistent with a funded development programme, but what the EIC money paid for cannot be traced.
- Public project recordNoneNot in CORDIS.
- Commercial serviceOfferedAPI on website.
- Named customersUnverifiedNone public.
- Company growthVisible6 to 17 staff.
The Money
The size of the EIC grant is not public. Lumi Space's small-company accounts do not show revenue or profit. Debtors rose to £617,084 at the end of 2025 from £6,873 a year earlier; the abridged accounts do not say who owes the money.
The balance sheet
Net assets at year end
Net assets rose from £22,789 in 2023 to £822,391 in 2025, when cash stood at £497,341. The company files small-company accounts without a profit and loss statement.
Accounts filed at Companies House. Years ending 30 November. Values in £ thousands.
What Cannot Be Checked
Questions for the EIC
How much Lumi Space received, which body paid the grant for a UK company, what the project delivered, and whether the company has paying customers are not public.
Why Europe Should Care
Low Earth orbit is getting crowded, and precise tracking is part of keeping it usable. Europe wants its own space surveillance capability. The EIC selected a British provider; without a public project record, neither the EU nor UK taxpayers can see what their support achieved.
What the award promised
Precise and scalable satellite laser ranging for space sustainability.
What the record shows
A growing 17-person company offering an orbit-data service, and no public project record.
The Verdict
Growing, but opaque
Lumi Space is expanding. Whether the EIC award delivered what it promised cannot be judged, because nothing about the project is public.
Lumi Space and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
Industry
SpaceSpace services
- Focus
- Space surveillance
- Technologies
- Lasers
- Optics
- Keywords
- Satellite laser ranging
- Orbit determination
- Collision avoidance
- Space sustainability