SpaceMiningData
CompanyUnited KingdomActive

Metalysis

UK metal-powder producer using the FFC Cambridge solid-state electrolysis process; with ESA funding (contract 4000131940, 2020) it produced oxygen and metal from lunar regolith simulant in the laboratory. The original company entered administration in 2019 and was dissolved in 2021; the business operates through Metalysis Ltd (company 11498722), which is active and in 2025-2026 reports mainly terrestrial and aerospace alloy work.

Claimed

An organization's level is recorded separately and is not a ranking of its linked missions' results. How the ladder works.

Resources and evidence

Each resource shows the highest step primary sources support. How the ladder works.

ResourceEvidenceMeaning
OxygenClaimedsays it will
Metals (general)Claimedsays it will
RegolithClaimedsays it will

Demonstrated

Laboratory extraction of oxygen and metal from lunar regolith simulant under ESA contract 4000131940 (General Support Technology Programme, awarded 2020); sponsor of the 2020-2021 Metalysis-ESA Grand Challenge for miniaturised versions of its process. No flight hardware.

Claimed or planned

Metalysis states it has 'a clear 5-year focus on the Moon' and a 5-10 year focus on asteroid metals and Mars. Its 2026 ESA-funded project (about EUR 1 million) is for terrestrial titanium production, not ISRU.

Facts

Headquarters
United Kingdom
Type
Company
Founded
2001
Status
Activeas of 2026-08-17. Companies House lists Metalysis Ltd (11498722) as Active with accounts to 31 Dec 2025; company releases through 2026-08-17. Space-resource work specifically has no dated activity after the 2020-2021 ESA projects.
Funding rounds
1 in this dataset. Most recent: 2016-02-18 (details)Each amount is shown as its source states it and amounts are never added together. The count is of records, not a count of distinct rounds: separate notices may concern the same financing. Rounds still under review are not listed.
Roles
Processing / ISRU
Targets
Moon, Mars
Also known as
Metalysis Ltd (11498722); Metalysis Limited (04304849, dissolved 2021); FFC Limited (former name of 04304849)
Website
www.metalysis.com

Dated events

Amounts are shown one at a time as each source states them. They are never added together.

  1. 2020-11-06

    ESA contract 4000131940 to Metalysis for FFC oxygen production from regolith (ISRU)

    Government awardMetalysisWith European Space Agency

    Metalysis announced ESA funding under the General Support Technology Programme for 'The Metalysis FFC Process for Extra-Terrestrial Oxygen Production from ISRU'; value not disclosed.

    Company statements only. No independent or government source is recorded here.

    Sources (1) and evidence gaps
    1. MetalysisCompany statementPublished 2020-11-06Accessed 2026-09-25Supports: date, counterparty
      has been awarded European Space Agency (ESA) funding, contract number 4000131940, for its project titled, "The Metalysis FFC Process for Extra-Terrestrial Oxygen Production from ISRU,"
      Quote matched the source text when accessed.
    • ESA-side record of contract 4000131940 and its value not retrieved.
  2. 2019-06-25

    Metalysis Limited (04304849) enters administration

    Companies House records the appointment of an administrator for Metalysis Limited on 25 June 2019, a move from administration to dissolution filed 9 June 2021, and dissolution following liquidation on 9 September 2021.

    Sources (2) and evidence gaps
    1. Companies House (UK)Court or regulatory filingAccessed 2026-09-25Supports: date, event type
      25 Jun 2019 AM01 Appointment of an administrator
      Quote matched the source text when accessed.
    2. Companies House (UK)Court or regulatory filingAccessed 2026-09-25Supports: summary
      09 Jun 2021 AM23 Notice of move from Administration to Dissolution
      Quote matched the source text when accessed.
    • How the business and assets passed to Metalysis Ltd (e.g. pre-pack sale) not documented in retrieved records.
  3. 2016-02-18

    Metalysis 2016 investment by Iluka Resources and Woodford Patient Capital Trust

    Funding roundMetalysis

    Iluka Resources' Australian Securities Exchange notice of 18 February 2016 says it committed an additional £6 million to Metalysis Limited, with an undertaking to commit a further £4 million before 15 July 2016, alongside a £10 million investment by Woodford Patient Capital Trust.

    Sources (3) and evidence gaps
    1. Iluka Resources Limited (Australian Securities Exchange Notice)Court or regulatory filingPublished 2016-02-18Accessed 2026-10-30Supports: investor names, summary, date
      it has committed an additional £6 million (A$12.2 million) to its investment in the private, UK based, Metalysis Limited
      Quote matched the source text when accessed.
    2. Iluka Resources Limited (Australian Securities Exchange Notice)Court or regulatory filingPublished 2016-02-18Accessed 2026-10-30Supports: summary
      a further £4 million (A$8.1 million) before 15 July 2016
      Quote matched the source text when accessed.
    3. Iluka Resources Limited (Australian Securities Exchange Notice)Court or regulatory filingPublished 2016-02-18Accessed 2026-10-30Supports: investor names, summary
      together with an investment of £10 million by UK based, Woodford Patient Capital Trust
      Quote matched the source text when accessed.
    • Total round size is not stated in a primary source read (press reported a £20 million round), so amount is left null
    • Whether Iluka's further £4 million undertaking was paid before 15 July 2016 is not confirmed in a primary source read
    • No Metalysis release or UK filing for this round was read; round name unknown

Open evidence gaps

  • Which legal entity (04304849 in administration from June 2019, or 11498722) held ESA contract 4000131940 is not stated.
  • ESA's own pages on the regolith-oxygen work (esa.int) returned HTTP 403 and were not retrieved.
  • Contract value of ESA 4000131940 not disclosed.

Record history

changes to this record's facts, newest first

ChangedFieldWasNowReasonSource
2021-09-09statusActive (Metalysis Limited, 04304849)Business continued by Metalysis Ltd (11498722) after 04304849 entered administration (2019-06-25) and dissolved (2021-09-09)Source update[5]

Sources

7 excerpts from 6 publications

One web address counts as one publication.

  1. MetalysisCompany statementPublished 2020-11-06Accessed 2026-09-25Supports: role, resource activity (demonstrated)
    has been awarded European Space Agency (ESA) funding, contract number 4000131940, for its project titled, "The Metalysis FFC Process for Extra-Terrestrial Oxygen Production from ISRU,"
    Quote matched the source text when accessed.
  2. MetalysisCompany statementAccessed 2026-09-25Supports: resources, resource activity
    Metalysis' successful collaboration with the European Space Agency in 2020/21, in a competitive procurement process, commenced this strategy and has resulted in the extraction of metal and oxygen from replicated lunar rock.
    Quote matched the source text when accessed.
  3. MetalysisCompany statementAccessed 2026-09-25Supports: target bodies, resource activity (claimed)
    a clear 5-year focus on the Moon, 5-10 years focus on asteroid metals and Mars
    Quote matched the source text when accessed.
  4. Companies House (UK)Court or regulatory filingAccessed 2026-09-25Supports: status
    Company status Active Company type Private limited Company Incorporated on 3 August 2018
    Quote matched the source text when accessed.
  5. Companies House (UK)Court or regulatory filingAccessed 2026-09-25Supports: record history, year founded, aliases
    Company status Dissolved Dissolved on 9 September 2021 Company type Private limited Company Incorporated on 15 October 2001
    Quote matched the source text when accessed.
  6. MetalysisCompany statementPublished 2026-08-17Accessed 2026-09-25Supports: status date
    Press Release: Metalysis achieves commercial specification of C-103 alloy
    Quote matched the source text when accessed.
  7. MetalysisCompany statementPublished 2026-03-10Accessed 2026-09-25Supports: resource activity (claimed)
    to develop a continuous or quasi-continuous sustainable process for titanium production using the patented Metalysis FFC Process
    Quote matched the source text when accessed.

Cite this record

SpaceMiningData, “Metalysis”, dataset version a00fa2c68a45, built 2026-11-11, https://spaceminingdata.com/organizations/metalysis.html. Record checked 2026-09-25.