Nordwind Growth: € 22.5 million growth round for ENPULSION

Vienna (Austria)/ Munich — ENPULSION, the world market leader for elec­tric satel­lite propul­sion systems from Austria, advi­sed on a EUR 22.5 million growth finan­cing by Nord­wind Growth (“Nord­wind”). ENPULSION was advi­sed by Pava Part­ners on this transaction. 

The invest­ment by Nord­wind marks the start of the next phase of ENPUL­SI­ON’s stra­tegy to become a global leader in space mobi­lity. With Nord­wind, ENPULSION gains an expe­ri­en­ced growth part­ner. This is Nord­win­d’s first invest­ment in the space sector. 

With the rapid expan­sion of global mega-cons­tel­la­­ti­ons, incre­asing geopo­li­ti­cal frag­men­ta­tion and growing demands for sove­reign satel­lite infra­struc­ture, precise mobi­lity in orbit is beco­ming a stra­te­gic neces­sity. — Since its foun­da­tion, ENPULSION has deve­lo­ped into a global market leader in the field of elec­tric propul­sion systems for micro- and nano­sa­tel­li­tes in a capi­­tal-inten­­sive indus­try with high capi­tal efficiency. 

Buil­ding on its globally proven elec­tric propul­sion tech­no­logy and its exten­sive expe­ri­ence in space with over 320 propul­sion systems in orbit, ENPULSION will offer compre­hen­sive mobi­lity solu­ti­ons for satel­li­tes in the future. The aim is to ensure all aspects of move­ment, posi­tio­ning and maneu­vera­bi­lity in orbit in an inte­gra­ted manner and to deve­lop mission-speci­­fic solu­ti­ons toge­ther with custo­mers. The growth capi­tal will be used for the expan­sion of produc­tion capa­ci­ties, inter­na­tio­nal market pene­tra­tion and the deve­lo­p­ment of the next product gene­ra­tion in the field of inte­gra­ted space mobi­lity systems. While ENPULSION conti­nues to conso­li­date its posi­tion in Europe, the US market is beco­ming incre­asingly stra­te­gi­cally important for the company. ENPULSION is bene­fiting there from the rapidly growing demand for inde­pen­dent and scalable mobi­lity solu­ti­ons for satellites. 

For this tran­sac­tion, Pava Part­ners worked with space experts Sven-Olof Koop­mann and Hale Reynolds of PULSAR Space Consul­ting, who brought valuable indus­try and tech­no­logy exper­tise as well as a strong global network in the space industry.

ENPULSION via Pava Partners

“Pava Part­ners enab­led us to realize a key finan­cing round for our global growth in record time. Their excel­lent network and consis­t­ently effi­ci­ent process execu­tion made the diffe­rence,” says Dr. Alex­an­der Reiss­ner, CEO of ENPULSION. 

About ENPULSION

ENPULSION deve­lops and produ­ces modu­lar elec­tric propul­sion systems based on FEEP (Field-Emis­­sion Elec­tric Propul­sion) tech­no­logy for micro and nano­sa­tel­li­tes. With over 320 systems in orbit and more than 500 cumu­la­tive years of opera­tion, ENPULSION is one of the worl­d’s leading and most flown propul­sion manu­fac­tu­r­ers in the small satel­lite segment. ENPULSION is ISO 9001:2015 certi­fied and supplies inter­na­tio­nal commer­cial and insti­tu­tio­nal space custo­mers. — www.enpulsion.com

About Nord­wind Growth

Nord­wind Growth is a Munich-based growth fund that specia­li­zes in Euro­pean tech­no­logy compa­nies with proven market poten­tial and scalable busi­ness models. The fund accom­pa­nies its port­fo­lio compa­nies as an active part­ner on their path to sustainable, inter­na­tio­nal growth. —www.nordwindgrowth.com