Global Trade Alert
Global Trade Alert

EU: EIF invests EUR 60 million in the European NewSpace Fund Alpine Space Ventures fund

Announcement

25 May 2023

In May 2023, the European Investment Fund (EIF) announced its investment in an equity fund to support the "new space" industry.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

25 May 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 25 May 2023, the European Investment Fund (EIF) announced its investment of EUR 60 million (USD 64 million) into the European NewSpace Fund Alpine Space Ventures fund. The fund will use the funds t...

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