On 29 October 2026, the European Investment Bank (EIB) announced an agreement with Deutsche Bank to back €560 million in new investment for EU space businesses. That figure is the partnership’s investment objective, not a report of money already paid to companies. The EIB expects around half of the investment to go to Germany, with the rest elsewhere in the EU. EIB announcement
How the €560 million fits Space TechEU
The partnership is part of the EIB’s Space TechEU programme. The figures attached to the deal describe different levels of that effort: €560 million is the Deutsche Bank partnership’s investment objective, €500 million is the EIB’s lending envelope, and €1.4 billion is the programme’s estimated investment mobilisation with commercial banking partners.
The EIB announced Space TechEU on 26 November 2025, with €500 million in expected EIB financing and an estimated €1.4 billion to be mobilised alongside commercial banks. Its project record lists the lending envelope as approved on 25 March 2026. The EIB says the Deutsche Bank partnership sits within Space TechEU, making the €560 million objective part of the programme’s wider financing effort. Space TechEU programme announcement · EIB project record
How the financing is intended to work
Space TechEU uses credit lines and guarantees with banking partners. Under the Deutsche Bank partnership, the EIB describes long-term funding and flexible financing structures to support commercially viable space businesses. Deutsche Bank’s announcement also describes long-term financing for companies seeking to invest and expand production. Deutsche Bank announcement
The European Space Agency (ESA) contributes market knowledge and technical expertise, and helps connect potential beneficiaries with financing. The institutions describe the effort as support for businesses facing long development cycles, complex technologies and uncertain commercial returns. The stated aim is to help commercially viable companies scale.
Which space technologies are in scope
The EIB named reusable launchers and spacecraft, advanced propulsion, satellite manufacturing and Earth observation as investment areas. Related space services include communications and navigation, as well as applications such as wildfire detection, pollution monitoring and security. EIB announcement
