LBAN Space Vertical
Designed to identify and support innovative startups within the space industry
LBAN new Space Vertical is designed to identify and support innovative startups within the space industry, providing them with the necessary financial backing to thrive. Through this vertical, we aim to facilitate the growth and development of promising space ventures by offering funding, mentorship, strategic guidance, and unparalleled networking opportunities. Additionally, we are committed to educating investors and the community about the appealing investment opportunities in the space sector, fostering a deeper understanding and enthusiasm for this dynamic field.
This new vertical aligns perfectly with Luxembourg’s national ambition to become a leading player in the global space sector. The space industry is experiencing rapid growth and offers substantial opportunities for high returns on investment. By focusing our efforts on space startups, we aim to drive significant technological advancements and foster innovation within the sector. Furthermore, this initiative will contribute to building a robust ecosystem for space companies in Luxembourg, strengthening the country's position as a hub for space technology. Our investment efforts will extend throughout Europe, ensuring that we support and nurture space innovation across the continent.
Strategic Partnership with
Luxembourg Space Agency
The Luxembourg Business Angel Network (LBAN) is pleased to announce a strategic partnership with the Luxembourg Space Agency (LSA). This collaboration will support LBAN's newly launched Space Vertical, aimed at fostering innovation and investment in the space sector."The LBAN Space vertical is a great opportunity for developing our space ecosystem, fostering the development of promising start-ups, and contributing to economic sustainability by bridging the investment community and the space landscape" said Marc Serres, CEO of LSA.
Through this partnership, LBAN and LSA will work together to provide opportunities for startups and investors to explore the burgeoning space industry, leveraging Luxembourg's position as a global leader in space technology and research."We are thrilled to partner with the Luxembourg Space Agency, which shares our vision of driving growth and innovation in the space sector," said Michel Rzonzef, President of LBAN. "This collaboration will open new avenues for investment and development, positioning Luxembourg at the forefront of the space economy."
“As the lead of Space Vertical, my vision is to attract top talent and groundbreaking ideas, positioning LBAN as the premier network for the most promising minds in the space industry. We are committed to making strategic investments that not only yield financial returns but also enhance the capabilities and reach of space technologies.” said Kyle Acierno, Lead of LBAN Space Vertical. “By fostering collaborations between startups, established companies, research institutions, and government bodies throughout Luxembourg and Europe, we aim to create a cohesive and supportive environment that promotes sustainable growth. My ultimate goal is to ensure that our investments contribute to the long-term, sustainable advancement of the space industry.”
We are undertaking this initiative because we believe in the transformative potential of the space industry to drive economic growth and job creation. The technological innovations stemming from space research have far-reaching applications and benefits to people on Earth and eventually help explore deeper in space. Our focus on educating investors and the community will further enhance the impact of our efforts, creating a well-informed and engaged support base for the space industry.
SpaceTech Tools
Do you want to learn more about Angel Investing and the SpaceTech sector? Check out EBAN Business Angel guide below. In this handbook, we will explore the key players, trends, risks, and opportunities to provide Business Angels, who are not yet operating in the sector, with the basic information to assess and explore investment opportunities in the space sector.
