Europe’s Next Space Race Starts After Launch
Europe’s orbital industry to 2035: RISE, Nyx, specialist SMEs, servicing economics and the crucial test of a second paying customer.
Private Equity
Growth capital, M&A and buy-and-build: the Topic aggregates content, while the pillar develops the operating logic of value creation.
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From the Journal
European Space Bond: an 8% return on space, but who pays the bill on Earth?
European Space Bond offers an 8% coupon. How might interest and principal be repaid in 2031, and what credit, liquidity and refinancing risks matter?
Space Economy: Europe’s real problem is not credit. It is becoming bankable
The EIB–Deutsche Bank deal aims to support €560m in European space investment. Without equity capital, many industrial SMEs cannot scale or borrow safely.
$20.8 billion poured into space. The real test begins after the deal
Space investment reached $20.8bn in Q3 2026. From EQT-Exolaunch to satellite factories, the real test for private equity is industrial execution.
Drugs, data centres and satellite factories: where does the hype begin?
Varda, Axiom, Open Cosmos and NVIDIA are pushing new orbital markets. What do the science, industrial economics and real customer demand say?
Europe’s space economy enters the age of industrial capital
European space private equity is changing: EQT closes Exolaunch, BROMO faces potential remedies and ESA backs industrial-scale capability.
Press coverage
Space Economy: 20,8 miliardi non fanno un mercato
Original Italian summary: La finanza spaziale stabilisce record, ma quanto capitale arriva davvero alle imprese? Il punto decisivo è trasformare competenze frammentate in industria: una missione per fondi…
Capitali nella Space Economy: la miopia che frena l’Italia
Original Italian summary: I capitali privati nella Space Economy italiana possono sostenere crescita, acquisizioni e autonomia industriale, ma fondi e imprese non trovano ancora un’interfaccia pubblica chiara. Tra…
Lo Spazio Non Si Finanzia Solo A Debito Serve Anche Equity Industriale
Original Italian summary: Lo Spazio Non Si Finanzia Solo A Debito Serve Anche Equity Industriale
Il credito accende i motori. L’equity porta la filiera in orbita
Original Italian summary: L’accordo Intesa Sanpaolo-BEI-ESA mobilita risorse per le Pmi aerospaziali. Ora serve un fondo di private equity radicato a Torino.
Houston, abbiamo un fondo: il Private Equity porta le PMI in orbita
Original Italian summary: Il private equity è un fattore determinante nella crescita della space economy e nel consolidamento delle aziende spaziali. Italia in prima linea.
L’Italia nello spazio? Serve carburante: capitale, formazione e reti per far decollare il settore
Original Italian summary: La chiave è il private equity per liberare il potenziale delle PMI e rendere la space economy una realtà competitiva
Perspectives and pathways
Alessandro Sannini
Private equity investor, advisor and lecturer working where growth capital, industrial capability and Europe’s space economy meet.
Aerospace M&A: value does not add itself up
Acquire expertise, integrate businesses, protect continuity. Looking at aerospace acquisitions beyond the signature.