European SpaceTech recieves a €560 million injection to promote European sovereignty

A new partnership between Deutsche Bank and the European Investment Bank (EIB) is set to mobilise a €560 million investment towards European SpaceTech, helping businesses scale, bring new tech to market, and strengthen Europe’s independent space capabilities.

This will directly support companies across the space supply chain, from component manufacturers and launch technology developers to satellite applications and in-orbit services.

“This new partnership between the EIB and Deutsche Bank will help unlock investment in Germany and across Europe – backing the companies, supply chains and technologies that will make Europe’s space sector stronger, more competitive and ready to scale,” said Nicola Beer, European Investment Bank Vice-President.

The agreement follows a series of SpaceTech financing announcements across Europe in 2026.

In Germany, Munich-based The Exploration Company secured €387 million, HyImpulse Technologies raised more than €50 million, ATMOS Space Cargo attracted €25.7 million and deltaVision received €10.2 million.

Elsewhere, Finland’s ICEYE raised €450 million in primary funding, Spain’s PLD Space extended its Series C to €288 million and France’s UNIVITY secured €27 million.

Alongside further announcements involving AIRMO, Hydrosat and Arkadia Space, these financings exceeded €1.3 billion, independently of the proposed Deutsche Bank–EIB investment mobilisation.

EU-Startups previously reported on the EIB’s separate €30 million venture-debt loan to PLD Space in April 2026.

“Europe has the engineering talent to lead in space. Our job is to help finance its next stage of growth,” added Marc Mueller, Global Head Trade Finance & Lending at Deutsche Bank. “Working with the EIB, we can offer space businesses the long-term financing they need to invest, expand production and compete internationally.”

Agreed ahead of the European Space Agency (ESA) Space Investor Forum in Munich, this operation also builds on cooperation between the EIB and European Space Agency to address the financing needs of Europe’s space sector. ESA provides market intelligence and sector expertise to support the development of financing solutions that reflect the needs of space SMEs and Mid-Caps and enable the space sector to access finance.

It also helps connect these financing opportunities with the European space ecosystem, raising awareness among eligible companies and facilitating outreach to potential beneficiaries.

The initiative will support investment in technologies including reusable launchers and spacecraft, advanced propulsion systems, satellite manufacturing and Earth observation. These technologies underpin services ranging from communications and navigation to wildfire detection, pollution monitoring and security.

The financing will have a pan-European reach, with around half of investment expected in Germany and the remainder elsewhere in the EU.

“This partnership with Deutsche Bank will help companies across Europe’s space sector invest in the technologies, production capacity and supply chains needed to scale up and compete globally. In doing so, we are strengthening Europe’s capacity to deliver essential space services more autonomously,” said Robert de Groot, European Investment Bank Vice-President.”

Space businesses often face long development cycles, complex technologies and uncertain commercial returns, making conventional bank lending harder to secure. The partnership aims to give Deutsche Bank long-term funding and flexible financing structures to support commercially viable companies investing in their next stage of growth.

The partnership forms part of Space TechEU, the EIB’s dedicated space financing programme launched in November 2025, designed to mobilise an estimated €1.4 billion in investment with commercial banking partners.

The idea is that this will compliment broader EIB Group support through direct investment loans, venture debt, equity investment and advisory services. By combining these instruments with commercial bank lending, the Group aims to help European space companies secure financing at successive stages of development – from innovation to industrial expansion.

“Europe has a growing number of space companies with outstanding technologies that are ready to scale,” said ESA Director General Josef Aschbacher. “The next step is ensuring they have access to the capital they need to grow. This initiative can help open that path, enabling European space companies to scale up, compete and succeed.”

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