What Happened
Reframing Space As Critical Infrastructure To Attract Funding
European space startups are facing challenges in securing growth-stage capital, prompting them to reframe their businesses as critical infrastructure to attract funding. The European Investment Bank has launched a €500M financing program to support local space startups, and some companies, such as OQ Technology and PLD Space, have already secured funding. However, traditional infrastructure financiers remain cautious, and the pool of available late-stage financing is still too small and fragmented to support infrastructure-level projects in space, according to Payload Space.