European Commission publishes 6-year, $1 billion Cassini space finance facility. Goal: 60 investments per year

by Peter B. de Selding

PARIS — The European Commission, the European Investment Bank and InvestEU on April 27 opened Cassini Fund, which aims to invest 1 billion euros ($1.06 billion) through 2027 into space startups through partnerships with European investment funds.

Cassini’s goal is to invest in around 60 space startups per year once it is fully operational by creating 4-6 new investment funds per year.

Cassini arrives at a time when once-hesitant European markets are now much more favorably disposed to . . .

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