The future of the European space sector

Access to finance is a key enabler of entrepreneurship in a European space ecosystem which has seen several transformations and advancements in recent years. The rapid commercialisation of the space industry has driven innovation and an entrepreneurial spirit not only in Europe, but worldwide. These new emerging space start-ups, however, face several challenges when trying to scale. Largely due to gaps in financing across the space value chain and a suboptimal investment landscape.

The European Investment Bank’s report on “The future of the European space sector: How to leverage Europe’s technological leadership and boost investments for space ventures”, produced with the consultancy support of Novaspace, examines the space venture ecosystem and highlights the critical hurdles that still need to be addressed.

Overview of space-focused financial instruments in Europe and estimated annual funding volume; ESA funding represented in this graphic does not include technology developments carried out as integral part of specific mission development programmes

Read more in the European Investment Bank’s report on “The future of the European space sector: How to leverage Europe’s technological leadership and boost investments for space ventures” :

http://www.eib.org/en/infocentre/publications/all/the-future-of-the-european-space-sector-report.htm