In preparation · Prospectus not yet approved by BaFin
The European Space Bond
European Capital for European Space
A planned euro-denominated corporate bond from European Space Ventures AG, offering European investors structured access to the New Space economy — space, deep tech and defence.
Non-binding · Not a subscription · Read the risk warning below
- 50% European Space SovereigntyLaunch, secure communications, in-orbit logistics
- 40% Strategic Space Value ChainGround stations to cislunar orbit
- 10% Space ResourcesSpace Agency-backed orbital and lunar ventures
Target allocations. Indicative only and subject to change. Binding terms will be set out exclusively in the approved prospectus and the final terms of the issue.
Why Europe needs this
European space companies are among the most technically advanced in the world, yet many stall after incubation and Series A because Europe's financing ecosystem is fragmented and US-centric. At the same time, European investors seeking space exposure are pushed into US-listed ETFs and non-European funds.
European Space Ventures AG was formed in June 2025 in Frankfurt am Main to close
that gap, building on the founders' work at Space Ventures Investors Ltd since
2014. Our purpose is straightforward: channel European private capital into
European space ventures through a recognised, exchange-listed financial instrument.
Recent press articles
Bodenschätze auf dem Mond sind ein großes Thema
Online Article from FAZ.
Recent Activities
Ad Astra Summit, at ESOC Darmstadt, organised by CESAH. Darmstadt, Germany, 26th March 2026
European Space Policy Institute (ESPI) Workshop “The Ways to the Moon” in Berlin, in collaboration with Bertelsmann Foundation and Bertelsmann Stiftung, with international audience from Europe, USA and Japan. February 12th, 2026
Lunar Critical Materials — Elements Beyond the Frontier at the Schader Stiftung. Darmstadt, Germany, 10th December 2025
Space Tech Expo Europe 2025. Bremen, Germany, November 18-20, 2025
Velvet Innovation Conference 2025, Brno, Czech Republic, 13th November 13, 2025
Where the capital is intended to go
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Target 50%
European Space Sovereignty
Co-investment alongside EU, EC and ESA funding programmes in critical European infrastructure: launch, secure communications, in-orbit logistics.
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Target 40%
Strategic Space Value Chain
Established suppliers and satellite operators across the commercial chain from ground stations to cislunar orbit.
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Target 10%
Space Resources
Selective positions in agency-backed ventures developing orbital and lunar resource capabilities.
Diversification across sub-sectors is intended to reduce concentration risk. It does not eliminate risk, and it does not protect capital.
The team and the tools
ESV combines founders with more than ten years of space investing experience, an operating network inside the European space industry, and ENSAI — our in-house research platform, which structures technology, policy and capital-flow data to support investment analysis.
The founders' prior experience is not an indicator of the future performance of the bond.
Simon Drake — CEO / Vorstandsvorsitzender
Kevin Mac Gowan — Chairman / Aufsichtsratsvorsitzender
Roger Krüger — Portfolio Manager
Dr Christopher Bendall — Supervisory Board
Norbert Pilz — Supervisory Board
Risk warning
The purchase of this bond involves substantial risks and may lead to the total loss of the capital invested.
Key risks include, without limitation:
- Issuer credit risk. Repayment of the nominal amount and payment of the coupon depend solely on the solvency of European Space Ventures AG. There is no capital protection and no deposit guarantee scheme applies.
- Early-stage portfolio risk. Underlying investments include start-ups and SMEs that may fail entirely.
- Sector concentration. The portfolio is concentrated in space, deep tech and defence and is exposed to policy, funding and geopolitical shifts.
- Liquidity risk. An exchange listing does not guarantee a liquid market; investors may be unable to sell at an acceptable price or at all.
- Valuation and market risk. Values of unlisted holdings may be uncertain and may fall.
This bond is not suitable for investors who cannot bear the loss of their entire investment.


