-+ 0.00%
-+ 0.00%
-+ 0.00%
EIB, Deutsche Bank Form Partnership to Support Pan-European Space Sector
Share
Listen to the news
06:25 AM EDT, 10/30/2026 (MT Newswires) -- The European Investment Bank Group and Deutsche Bank (DBK.F) entered a new partnership to support space businesses and those in the space supply chain across the European Union, according to a Thursday release. The partnership is expected to support 560 million euros of new investment by corporates and space companies in technologies such as reusable launchers and spacecraft, advanced propulsion systems, satellite manufacturing and Earth observation. Half of the pan-European investment is expected to go towards Germany, with the rest directed elsewhere in the EU. The partnership forms part of the EIB's space financing program, Space TechEU, which aims to mobilize 1.4 billion euros in investment with commercial bank partners.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending