Space Defence Investment Manifesto
Space is not just a resource—it is the frontier of global defence. As nations and societies increasingly rely on space for communications, navigation, surveillance, and national security, we recognise space as the next battlefield, the heart of technological advancement, and the backbone of global stability.
We Affirm
- The Strategic Imperative of Space Defence
Space is no longer a passive enabler of economic or technological activity. It is the core of modern defence. From satellite communications to missile defence, space-based technologies are critical to national security.
As investors, we acknowledge that space is central to the defence infrastructures of governments, multinational organisations, and sovereign nations. The militarisation of space is a reality—and it is our responsibility to ensure its security, resilience, and accessibility for future generations.
- The Urgency of Action
The global space environment is becoming increasingly contested. The weaponisation of space, rising geopolitical tensions, and space debris pose a direct threat to the security of all space assets.
As investors in the defence sector, we recognise the urgent need to fund and support technologies that protect against threats like anti-satellite weapons (ASATs), cyberattacks, and orbital collisions. The long-term stability of space-based infrastructure depends on immediate and decisive investment in defence-focused space technologies.
- The Power of Public-Private Partnership
Governments alone cannot secure the future of space. The space industry must unite through public-private partnerships (PPPs) to foster innovation, resilience, and sovereign autonomy.
We commit to aligning our investments with government priorities, including EU and NATO defence frameworks, while empowering space startups and dual-use technologies that provide both commercial and defence capabilities.
We recognise that collaboration between the private sector and defence agencies is essential to meet the ever-growing demands of space security and to keep pace with emerging threats.
- The Role of Investment in Resilience and Sovereignty
Our investment strategy must focus on space resilience, including resilient satellite infrastructure, space domain awareness (SDA), debris mitigation, and space cyber defences. We will support the development of autonomous space capabilities to ensure that no nation is vulnerable to malicious interference.
By funding technologies that enhance strategic autonomy, we help guarantee sovereign defence in space and support national and European objectives for security and self-sufficiency.
- The Commitment to Ethical Investment and Governance
As investors, we uphold the principles of responsible governance in space, ensuring that investments adhere to ethical standards and align with international law. We call on all space operators to adopt guidelines that protect the peaceful use of space, following frameworks such as the United Nations Outer Space Treaty, the European Space Strategy for Security and Defence, and the EU’s Space Programme.
We will ensure our investments contribute to equitable access to space, secure and sustainable operations, and the prevention of harmful space activities.
- The Imperative of Geostrategic Stability
Space is not just a commercial frontier—it is a geostrategic asset. The future of international stability and peace hinges on the ability to secure space. We, as investors, understand that space security is a core pillar of national security, and we are committed to driving investments that contribute to global peace and geostrategic stability.
Our Vision for the Future of Space Defence
We envision a future where space is:
- A secure and resilient domain free from aggression and disruption.
- A cooperative arena for nations and companies, underpinned by shared principles of security, sovereignty, and peace.
- A space of innovation, where technologies like AI, quantum encryption, space-based defence systems, and space situational awareness create new possibilities for defence and security.
Our Call to Action
We, the investors, commit to:
- Funding resilient, secure, and innovative space technologies that protect space-based infrastructure and national security.
- Aligning with global defence strategies, including the EU Space Strategy, NATO’s Space Policy, and international frameworks for space security.
- Ensuring that all investments contribute to the responsible use of space, in line with the United Nations Declaration of Human Rights and Space Law.
- Collaborating with governments, space agencies, and defence organisations to build a space defence ecosystem that is sustainable, autonomous, and secure.
Space is the next frontier of defence.
We must act now to secure it.
Let’s invest in space defence today—so that peace, security, and prosperity in space can be a reality for all.
Brussels, 31st August 2023
BAE System and EBAN Space Innovation Day bring together cutting-edge new space firms at BAE Systems AI Labs, the historic former home of the Marconi Research Centre.
AIKO, Aquark, Lumi Space, Remos Space, ReOrbit, and SmartIR were selected to present their technologies, respectively, in unique analytics and data fusion capability, Quantum, Laser-based Space Situational Awareness, Software-defined Ground Systems and Satellite manufacturing, and infrared thermal radiation control for space and defence applications.
05 July, Chelmsford UK / Brussels Belgium:
BAE Systems, UK’s leading aerospace and defence company, joined together with EBAN Space, Europe’s largest gathering of private angel and early-stage investors in space and space-tech on 21 June to bring together some of Europe’s most promising Space and SpaceTech firms with BAE Systems Space business. The day delivered in-depth exchanges on the state of deep-tech topics, including quantum, space-situational awareness, optical communications and more, as they relate to the Next Generation of Space technology that BAE Systems is building.
Richly productive Snapshot of New Space Paradigm:
The six firms were selected out of 24 companies presented to BAE Systems by EBAN Space’s members, including Seraphim Space, ESA, and EUSPA, as well as its cadre of serial space entrepreneurs and angel investors. As such, it brought together an entire eco-system of entrepreneurs, incubators and accelerators, private investors and corporations for a unique and richly productive snapshot of not only what individual entrepreneurial companies are doing but also a picture of the totally new paradigm emerging for space and space-related industries and services in the world as well.
“This Space Innovation Day gave us the opportunity to meet with dynamic space entrepreneurs from around Europe in informal, one-on-one discussions to freely exchange with them about what we at BAE Systems are looking for to complete our product range and what they can bring us,” commented Elizabeth Seward , Head of Space Strategy & Future Business at BAE Systems.
“At the same time, we also identified some areas where we can help these young companies advance quicker and better by offering them some of our technologies and services.” said John Young, Head of International Business Development – Space at BAE Systems. “This is true ‘Open Innovation’ at its best,” concluded Seward.
“The fact that the companies presented had been not only through world class incubators and accelerators as the ESA BICs and Seraphim Space Camp, but had also been invested in by members of the EBAN Space Community, thus showing market traction with real clients, revenues, and a potential for return on investment was reflected in the maturity of the individual companies and was a huge validation for us, making it a very worthwhile event”, commented Nick Appleyard, ESA Head of Applications and Solutions Department CIC-A.
All of the six entrepreneurial companies noted that “the direct and in-depth conversations with BAE Systems senior-level technical and business executives gave us a real insight into what large corporations are specifically looking for in their potential cooperation with New Space entrepreneurs and how this can concretely translate into a win-win situation as well as how they can potentially help us achieve our goals quicker, easier, and cheaper in collaboration with them”.
The “space entrepreneurs” also commented on the “valuable exchanges with the other New Space companies within the Innovation Showcase, where they identified and discovered possible synergies among themselves”.
“The private investor members of EBAN Space, be they Angel Groups such as UK Space Tech Angels, Rymdkapital, EstBAN (EE), DNA Cascais (PT), Cobin Angels (PL), Sophia Business Angels (FR), Angelus Funding (USA); be they Early Stage Venture Capitalists such as Seraphim Space Capital, SpaceTec Capital, Triangle Ventures— who have come together to invest in the new emerging space sector are pleased to see their portfolio companies inciting interest at the corporate level,” commented Ted Elvhage, EBAN Space Chair, “The BAE Systems/EBAN Space Innovation Day shows that real benefit can be drawn from providing an information exchange platform at an early stage which may then lead to transformational deals for all stakeholders”.
The names and websites of the six companies chosen to present at this first Innovation Showcase are:
- AIKO – AIKO Space is a Deep-Tech Software company developing pioneering AI Technology for the Automation of Space Missions.
- Aquark – The company specialises in miniaturised systems for quantum technology and is building the world’s smallest cold atom system.
- Lumi Space – Commercial satellite laser ranging for the highest precision orbit determination available.
- Remos Space – Remos delivers software-defined baseband solutions for satellite ground operations (FI)
- ReOrbit – Manufacturer of autonomous & inter-networking satellites for data flow needs in space.
- SmartIR – Multispectral radiation control for space and defence applications.
For more information, please contact:
Abel Fernandez
abel@test.artmedia.ee
Brussels, 26th July 2023
The partnership between EIT Digital and EBAN signifies a powerful collaboration to foster innovation and drive growth within Europe’s tech ecosystem. By combining the strengths of EIT Digital’s expertise in digital innovation and open-innovation ecosystem with EBAN’s extensive network and representation of the early-stage investor community, the partnership aims to accelerate early-stage investments in startups and share best practices. By nurturing digital ventures, supporting technology scale-up, and providing growth support, the partnership aspires to bolster Europe’s competitiveness on a global scale, creating wealth and jobs and further establishing Europe as a competitive, inclusive, and sustainable force in the digital era.
“The partnership between EBAN and EIT Digital is a testament to the commitment of both organisations to nurture and grow the tech ecosystem in Europe, accelerating early-stage investments in startups and sharing best practices. Our combined strengths will allow us to have a significant impact on the European deep tech and digital entrepreneurial landscape and go as far as bolstering Europe’s competitiveness on a global scale.” said Diva Tommei, Chief Innovation, Education and Marketing Officer.
“EIT Digital is a catalyst for digital innovation and entrepreneurship in Europe, forging collaborations and driving meaningful change. Their integrated approach to education, research, and business equips individuals with the skills to shape the future. By addressing societal challenges and fostering innovation, EIT Digital is a vital force for economic growth and progress in Europe.” said Jacopo Losso, EBAN General Director.
EBAN, the European Business Angels Network, is the pan-European representative for the early-stage investor community gathering over 100 member organisations in more than 50 countries today. Established in 1999 by a group of pioneer angel networks in Europe with the collaboration of the European Commission and EURADA, EBAN represents a sector estimated to invest 11.4 billion Euros a year and play a vital role in Europe’s future, notably in the funding of SMEs. EBAN fuels Europe’s growth through the creation of wealth and jobs.
EIT Digital is working for a competitive digital Europe that is inclusive, fair and sustainable. EIT Digital embodies the future of innovation by mobilizing a pan-European multi-stakeholder open-innovation ecosystem of top European corporations, SMEs, startups, universities and research institutes, where students, researchers, engineers, business developers and investors address the technology, talent, skills, business and capital needs of digital entrepreneurship. They build the next generation of digital ventures, digital products and services and breed digital entrepreneurial talent, helping businesses and entrepreneurs to be at the frontier of digital innovation by providing them with technology, talent, and growth support. EIT Digital answers specific innovation needs by, for example, finding the right partners to bring technology to the market, supporting the scale-up of digital technology ventures, attracting talent and developing their digital knowledge and skills.
Looking For:
- European startups and scaleups
- Highly-ambitious and versatile founding teams
- Proven commercial traction and product-market-fit
- Looking to increase sales
The Programme
Benefits
International growth oriented, focus on sales, and investment
Access to key stakeholders across Europe
Unique collaboration between 58 pan-european accelerator locations
Highly-qualified mentors for dedicated 1:1 sessions
Cross-industry synergies between space and non-space industries
E-learning training and peer-learning. Monthly deep dive sessions & expert webinars.
Fundraising support and a 75,000€ voucher for startups who successfully complete the programme
The Programme
Timeline
February 1 – March 31
Applications for the first batch, from May-November, are open now. Apply before March 31, 2023.
April
The programme team will assess all applications and select 20 participating companies per batch.
May
In person batch meetup to kickoff the programme activities. All participating companies, lead coaches and accelerator teams will participate.
May – November
Focus on business and investment coaching, training, events & more. An accelerator tailored to meet the needs of your company.
November
Marks the end of the programme, graduation of batch startups, through a networking event with investors.
CASSINI Business Accelerator
The CASSINI Space Entrepreneurship Initiative is a European Commission entrepreneurial support mechanism that cuts across all components of EU Space Programme. It offers actions targeted at the full entrepreneurial lifecycle – from idea generation to market entry and growth – and covers both the upstream and downstream sectors. The CASSINI Business Accelerator is part of the CASSINI initiative. Launched in January 2023, the CASSINI Business Accelerator is the biggest space startup accelerator in Europe. CASSINI includes a seed and growth fund, as well as hackathons and mentoring, prizes, a business accelerator, partnering and matchmaking. Launched in January 2023, the CASSINI Business Accelerator is the biggest space startup accelerator in Europe.
Innovative go-getters are asked to develop concepts, products, or services to strengthen the EU defence industry and security capabilities.
The global security environment is becoming more contested, complex, and interconnected. As armed conflicts and civil wars re-emerge in the EU’s neighbourhood, new and unconventional security threats have emerged or grown stronger, in an increasingly interconnected world.
In the face of increased global instability, the EU needs to take more responsibility for its security and increase its capacity to act autonomously.
In the 5th edition of the CASSINI Hackathons, innovative go-getters are invited to develop new concepts, products, or services that positively impact the European defence and security sector.
Space data, information, and signals can enable novel and unique solutions for cross-terrain mobility and logistics, maritime threat intelligence, and infrastructure network resiliency. We challenge participants to innovate with earth observation data from Copernicus and satellite positioning and navigation services from Galileo & EGNOS. On top of that, we encourage participants to develop solutions with cybersecurity in mind from the start.
#EUSpace to strengthen Europe’s defence and security
Cross-Terrain mobility
This challenge is looking for trailblazers to develop innovative concepts or design new products and services that enable cross-terrain mobility for defence forces, emergency response team and humanitarian aid forces in a variety of weather conditions.
Making the seas more secure
Tomorrow’s innovators are tasked with developing innovative concepts and designing new products or services to strengthen maritime intelligence against direct security threats and organised and environmental crime.
Watch this: EU Space Programme synergies for maritime emergencies
Protecting our critical infrastructure
This challenge calls on participants to develop novel solutions that assess the risk of disruption to critical infrastructure and plan mitigation and recovery scenarios.
It’s time to show off your originality by developing viable solutions that will enhance the competencies of the EU’s defence and security. The hackathon is open to anyone interested in entrepreneurship, the defence industry, and EU Space technologies.
The 5th CASSINI Hackathon will take place simultaneously across 10 different locations on 24-26 March 2023.
Click here for more information.
Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story. You must request permission before you use any of the photographs on the site. If you republish, we would be grateful if you could link back to the EUSPA website (http://www.euspa.europa.eu).
Ladies and gentlemen, the Galactica Final Event and EBAN Impact Summit have officially concluded with a bang! The energy was palpable at the stunning World Trade Center in Barcelona, Spain, where a two-in-one event took place on February 16-17. With attendees from over 30 countries, the #Networking buzzword truly describes this international gathering of European angels and VCs dedicated to impact investing.
16th February
Kicking off the day was an information session about Galactica’s impact, best practices, and funding opportunities across various industries. The event boasted a lineup of brilliant speakers, such as Josep Casamada Ribot, Océane Le Bot, Giulia Francioni, Virginie Perron, Julia Vercher Alemany and specifically focused on the Aerospace Sector, Javier Leiva Rojo, Árisz Kecskés, Mario Vesco and Fabrice Testa.
But the excitement didn’t stop there! The event followed with keynote speeches that delved into fascinating topics such as investing in DeepTech, the intersection of sectors in innovation, and building the world we love with SpaceTech. After a networking break, the five selected orbital projects took the stage, presenting their pitches and answering questions from the jury members Fabrice Testa, Annukka Mickelsson and Albert Colomer I Espinet. The projects- Ampere (Dr Sara Correyero Plaza); Iroony (Anne Reboux); MVRPT (Vasilapostolos Ouranis), NOC-STRUT (Matthias Krödel) and SolarCybe (Alessia Gloder) – had the potential to shape the future and were a part of the first Galactica beneficiaries batch.
After lunch, Lluís Juncà, the Director General for Innovation, Digital Economy and Entrepreneurship at Generalitat de Catalunya explained how the Catalonia region drives impact entrepreneurship and investment.
In the afternoon, Lutz Walter (ETP) presented about Innovation trends in the textile industry and participated in a round table of 5 textile experts around Sustainability and circularity in the textile industry. To cap off the day, the five selected Pioneer projects – ABEP Kreios Space (Adrián Senar Tejedor); BiomX (Karin Fleck); CertBLOC (Frank Kottler); Impact protection using green composites (Nélson Oliveira) and RCF (Marina G) – presented their pitches, with the jury team composed of Fabrice Testa, Annukka Mickelsson and Marco Nannini.
But what about the awards, you ask? GALACTICA distributed €74k in prizes for the best pitches and posters presented at the final event. The EBAN team congratulates the projects for their excellent work:
- Poster runner up aerospace: IDD (Pedro C.);
- Poster runner up textile: Circular Functional Cleantech Textiles (Jo-Anne Godden);
- Poster winner: Robocork (Ramon Escobar Galindo);
- Pioneer pitch runner up aerospace: ABEP Kreios Space (Adrián Senar Tejedor);
- Pioneer pitch runner up textile: rCF (Marina G.).;
- Pioneer pitch winner: Impact protection using green composites (Nélson Oliveira);
- Orbital pitch runner up aerospace: Ampere (Dr Sara Correyero Plaza);
- Orbital pitch runner up textile: Iroony (Anne Reboux) and
- Orbital pitch winner: SolarCube (Alessia Gloder).
To wrap up this first day in style, the CEO of Tech Barcelona, Miquel Marti, extended a warm welcome to EBAN’s team for an unforgettable and electrifying cocktail party at Pier 01 Barcelona Tech City!
17th February
We kicked off Day 2 with some inspiring welcome speeches from Michael Donaldson and Juan Alvarez de Lara. But that was just the beginning – the theme for the day was “Impact Investing in Europe, the Business Angels perspective”, and the speakers lineup was nothing short of amazing! Lisa Hehenberger, Annukka Mickelsson, Marco Nannini, Alex Farcet took the stage, moderated by Juan Alvarez de Lara himself, to discuss the ins and outs of impact investing in Europe. And if that wasn’t enough, we were treated to an enlightening talk by the Former Minister of the Environment of Finland, Sirpa Pietikainen, on how the new taxonomy is changing green finance.
After a refreshing networking break, we dove into the world of “Impact Investing: VC in Europe” with some fantastic speakers, including Jaume Iglesies, Vera Elizabeth, Elena Rico, Teresa Guardans, and moderator Eva Hernandez. We learned that Europe still has some work to do to build a strong impact on the investor-VC community, but progress is being made. Increasing the number of impact-VCs will also encourage more business angels to invest in impact startups. But wait, there’s more!
We also had a “Corporates committed with Impact Investing” session featuring Clara Navarro, Marta Oller, and Ramón Lopez Roldan. This session delivered an important message that corporations are ready and willing to innovate their products, services, and business models by partnering with impact startups. However, there’s still a need for more education on how to make these collaborations work for everyone involved. To top it all off, we were honoured to have Sir Ronald Cohen grace the stage with his speech on “Impact trends: future of sustainable finance after cop27”. It was the perfect conclusion to an unforgettable day filled with insights, ideas, and inspiration.
The EBAN events are a must-attend for anyone interested in the content, networking, and top-notch knowledge sharing. Don’t miss out on the next EBAN event – pre-register today here and join us in shaping the future!
The above video was produced and edited by our project partner POLE EMC2.
Event partners:
ACCIÓ
Seed&Click
Project Partners:
About GALACTICA
GALACTICA stimulates the creation of new industrial value chains across the advanced manufacturing, textile and aerospace industries. Entrepreneurs will learn about the opportunities and innovation potential of cross-fertilization and win a total of €4 000 000 in grant capital. This project has received funding from the European Commission under grant agreement No 872336. More information about the project can be found here: Galactica | Project (galacticaproject.eu)
Brussels, 28th November 2022
EBAN, the European Business Angel Network, and Access Space Alliance (ASA) are starting a collaboration focused on supporting the SpaceTech ecosystem through best practice sharing, networking and capacity building activities.
“EBAN has been instrumental in advancing innovation and growth via early-stage investments for European entrepreneurship. This MoU sets up significant actions for common and complementary objectives which will benefit both our members” said Betty Bonnardel, founder and board member at ASA.
“ASA has been involved in promoting policies and standards for the benefit of the space ecosystem, including public and private space-related financing. We look forward to building bridges and sharing knowledge with ASA network to further support the business development in Europe” said Fabrice Testa, EBAN Space Chairman.
EBAN, established by the European Commission and EURADA in 1999, is the pan-European representative for the early-stage investor community, gathering 153 member organisations in 52 countries today, representing a sector estimated to invest 7,3 billion Euros a year and playing a vital role in Europe’s future, notably in the funding of SMEs and fuelling growth through the creation of wealth, opportunities and jobs.
EBAN Space is the SpaceTech community launched by EBAN in December 2016 to promote and advance Europe’s ecosystem for entrepreneurship, innovation, and investment in the SpaceTech sector. EBAN Space is to be the centre of the European space ecosystem, gathering early stage and high-level players within the industry.
Access Space Alliance (ASA) is a not-for-profit non-governmental international organization created in 2019. ASA’s mission is to bring together the small satellite sector and stakeholders to create dialogue in the space ecosystem and foster collaboration to promote equal business opportunities. ASA members are non-governmental and governmental organizations engaged in a broad range of space-related activities, including start-ups, SMEs, investors, academic institutions, research and development centres and space agencies, coming from spacefaring and emerging space nations.EBAN Space and Access Space Alliance are joining forces to foster the SpaceTech sector
The CASSINI Matchmaking has been recently launched to offer new business opportunities for space-related markets in Europe. The initiative features tailored matchmaking events for EU companies to expand their professional networks and find new partners, customers, and investors. For investors, this represents a unique opportunity to grasp the best performing companies from the space sector and related industries.
The CASSINI Matchmaking initiative aims at enabling companies to liaise with corporate partners and find investors, driving the development of Europe’s space businesses.
CASSINI Matchmaking offers different tailored matchmaking opportunities to boost entrepreneurship, corporate innovation and investments in space-related businesses across the EU. Companies benefit from getting connected to key industry players and investors. Participating corporate and institutional organisations are presented with preselected startups, scaleups and SMEs that can help them innovate and achieve their development goals.
In particular, investors benefits from exchanging with fast-growing companies and their potential new customers, while obtaining a deal flow of investment-ready space companies. To make sure these matchmakings are valuable, both companies and investors themselves receive targeted preparation prior to their meetings.
Key element of the two-year initiative are 20 matchmaking events split in two editions and among live and digital meetings. To guarantee the greatest effect and get the best results, each batch is focused on specific topics, meaning companies and their corporate and investor matches will be connected through several industry fields, covering different business areas and addressing different value chains.
The first ten matchmaking events in 2022 will focus on four topics. ‘Infrastructure lifecycle support’ targets companies specialising in space services supporting infrastructure such as wind turbines, train tracks, buildings or pipelines. ‘Safety & Security from (and in) Space’ is looking for businesses involved in critical assets for safety and security operations like positioning and navigation or internet communication via satellite. CASSINI Matchmaking addresses topics affecting consumers’ day-to-day lives, such as using satellite data to monitor human health, developing education tools or innovative gaming applications in the topic ‘Space for human well-being, education, and entertainment’. Lastly, ‘Improving access to Space’ covers hardware and software solutions to support launch systems and facilitate the delivery of spacecraft in orbit.
In order to participate and engage with future-oriented companies, interested investors can always register to the Cassini Matchmaking website: https://www.cassini.eu/matchmaking/investors
Investors will be then invited to attend the Launch event in Paris in mid-June, at the VIVA Technology conference. As of late summer 2022, several ad-hoc live and digital meetings will allow participating investors to stay ahead of the latest space technology advancements and opportunities.
In this report we present an overview of the investments in the SpaceTech companies done in Europe between 2017 and 2021, with a focus on the most recent years 2020-2021. The analysis presented below is supported by a list of 918 deals gathered through the EBAN Space community and our partner Dealroom.co, a platform that gathers all publicly disclosed information on funding rounds made in Europe and beyond. The deals were filtered by the following criteria: companies’ headquarters based in Europe; type of technology utilised by the company and type of industry.
Even if more and more investment rounds are publicly announced, and public fundings such as grants are also disclosed, we are fully aware that information about many investments done are not publicly available. Therefore, these publicly undisclosed deals cannot be taken into account in reports such as this one. We are confident that the data presented in this report shows a valid overview of the SpaceTech sector and its trends although representing the visible investment market only and some undisclosed deals. This report presents an overview of the investment activity across the European continent, not intended for comparison purposes with other markets around the world.
The SpaceTech sector includes projects and companies that adopt space technologies both for space and non-space applications. Given that, in this report we decided to add to the classic upstream/downstream classification an analysis by industry and thematic areas for the biennium 2020-2021. This allows to present the SpaceTech sector to non-space experts and investors in a broader and complete way. This categorization exemplifies the impact of space technologies outside the space industry.
Looking at the trend across the years 2017-2021, we can observe a surge of the investments in the SpaceTech sector, reaching 3.7 billion euros in 2021. It is also clear from the data that the number of funded companies decreased over the years by approximately 50%.
Ultimately, the total amount invested in SpaceTech per country has been considered and compared with the contribution (in percentage) of each country to the ESA budget for activities and programmes.
Download the report
The event will be held live at EUSPA’s headquarters in Prague, as well as online. Attendance is free, but registration is required.
The best time to invest in space – EUSPA launches info session for fund managers.
According to the latest edition of the EUSPA EO and GNSS Market Report, in 2021, the GNSS and Earth Observation downstream market generated over EUR 200 billion in revenue.
What’s more, this market is expected to reach nearly half a trillion euros within the next decade. Add this up and what you have is a very lucrative investment opportunity.
But to take advantage of this opportunity, you need the right information and the right market intelligence – which is exactly what the Space Investments Capacity Building Programme is set to provide.
Organised by the European Union Agency for the Space Programme (EUSPA), in collaboration with the European Commission, European Space Agency (ESA) and European Investment Fund (EIF), this series of five workshops is designed to provide venture capitalists, fund managers and other investors with in-depth information on the space sector, including:
- Results from the latest European space market and investment studies
- Advice from the EIF on fund setup, investment strategy and building an investment team
- A platform to discuss business models and best practices
- Opportunities to network with other fund managers
- Details on the European Commission’s EUR 1 billion CASSINI Facility, an InvestEU initiative offering capital for establishing space-focused investment funds
The first workshop, scheduled for 28 March 2022 from 14:00 – 17:00 CET, will focus on how EU space technology – including Galileo and Copernicus – can be used to support the construction sector, optimise the green transformation and maintain critical infrastructure.
“If you want to become an active investor in this exciting field or simply want to gather more information before deciding to raise a new fund, then this capacity building programme is for you”, says Fiammetta Diani, EUSPA Head of Market Downstream and Innovation.
The event will be held live at EUSPA’s headquarters in Prague, as well as online. Attendance is free, but registration is required. For participants able to attend physically in Prague, please send an email to market@euspa.europa.eu to secure your place in the venue. Questions related to the workshop series or requests for additional information can be directed to this email address as well.
Mark Your Calendars: Space Investments Capacity Building Programme 2022
- Episode 1: Infrastructure lifecycle support from space, EUSPA, Prague, Monday 28 March 2022
- Episode 2: Security and defence (in and from space), COM, Brussels, Monday 2 May 2022
- Episode 3: Consumer space solutions: well-being, education and entertainment, EUSPA, Prague, Monday 23 May 2022
- Episode 4: Access to space (launchers, ground systems, modular technology, etc), ESA, Paris, Tuesday 7 June 2022
- Episode 5: Fund setup, investment strategy, investment team, exit strategy, EIF, Luxemburg, Monday 27 June 2022
Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story. You must request permission before you use any of the photographs on the site. If you republish, we would be grateful if you could link back to the EUSPA website (http://www.euspa.europa.eu).
CASSINI Business Accelerator is a six-month acceleration programme offering top-level business and investment coaching, training, events, and more that brings together 20 of the top space startups in Europe. The accelerator is tailored to meet the needs of space companies in their growth stage that already have a product on the market and have achieved sales or pre-commercial success, and that want to sustain their commercial growth by developing new market opportunities.
