European launch sector is in the worst shape it’s been in 20 years. Two of our largest competitors have missed every milestone for the past three quarters, one is on its third CEO this year, and a third just had its government funding frozen pending an audit. ESA and national space agencies are openly looking for a serious private partner to back. We’ve already had three preliminary conversations with ministries that until recently wouldn’t have taken the meeting.
Stellaris Aerospace is opening a raise of €1.2 trillion to build out a new division: reusable orbital transfer vehicles (last-mile delivery for satellites between LEO, MEO, and GEO). This is a market projected to hit €8B by 2032 and right now nobody except Stellaris in Europe is credibly building for it.
Raising €1.2 trillion for Europe’s largest starship company
byu/Vouchy-MOD inEntrepreneur
Posted by Vouchy-MOD
2 Comments
€1.2 trillion sounds way beyond realistic for a single raise, even in aerospace. The idea of orbital transfer vehicles makes sense, but investors will expect clear milestones, smaller funding stages, and proof you can execute before anything at that scale.
The market opportunity makes sense, but €1.2T feels completely detached from reality. Even the biggest aerospace players don’t raise anywhere near that in one go.