The European Innovation Council (EIC), established in 2020 and headquartered in Brussels, Belgium, is dedicated to supporting high-potential innovators, entrepreneurs, small enterprises, and researchers. Its primary focus is on fostering early-stage startups that demonstrate significant environmental, social, and governance (ESG) impacts. The EIC collaborates with private investors to co-invest in ventures, particularly within the deep technology sector, aiming to drive innovation and sustainable development across Europe. By providing financial backing and resources, the EIC seeks to enhance the growth potential of promising startups and contribute to a more innovative and competitive European economy.
ATMOS Space Cargo specializes in the development and manufacturing of space capsules designed to facilitate the return of cargo from space. Their products include return capsules and atmospheric decelerators that provide microgravity environments on demand. By offering varied time options in orbit, ATMOS Space Cargo enables clients to conduct life sciences research and other experiments in microgravity, addressing specific challenges in these fields. The company aims to support commercial ventures and scientific inquiries by providing reliable solutions for transporting goods and experiments back to Earth from space.
DRONAMICS
Grant in 2024
DRONAMICS is a cargo drone airline that develops drone technology for cargo transportation and logistics operations. The company is building an air cargo ecosystem to cater to the requirements of individuals and industries across the globe. This mobility solution, driven by long-range cargo drones, delivers savings in time, costs, and carbon emissions.
Heart Aerospace
Series B in 2024
Heart Aerospace AB, founded in 2018 and headquartered in Gothenburg, Sweden, with an additional location in Palo Alto, California, focuses on developing an electric regional airliner aimed at enhancing sustainable transportation for regional travel. The company's flagship aircraft, the ES-19, is designed to accommodate nineteen passengers and boasts an operational range of 400 kilometers. Heart Aerospace seeks to significantly reduce fuel and maintenance costs compared to traditional aircraft while achieving zero operational emissions. The innovative design allows for a low infrastructural footprint, facilitating the use of small airports located near city centers. Heart's objective is to secure certification for the ES-19 for commercial operations by 2026, aligning with its mission to provide affordable and environmentally friendly travel options across the globe.
Aldoria
Series A in 2024
Aldoria specializes in space situational awareness, focusing on the collection, processing, and utilization of data to protect critical assets in space. The company addresses the growing challenges of space sustainability caused by increasing amounts of space debris and traffic. Its services encompass the detection, tracking, cataloging, and risk assessment of artificial satellites and space debris. By actively monitoring these elements, Aldoria helps operators and space organizations avoid potential hazards and adjust orbital paths, ultimately contributing to safer and more sustainable space operations. The company also provides users with a modern situational awareness platform and detailed sustainability reports.
Maeve Aerospace
Pre Seed Round in 2022
Maeve Aerospace is a all-electric aircraft.
Infinite Orbits
Pre Seed Round in 2022
Infinite Orbits is a satellite servicing company that specializes in extending the operational lifespan of geostationary (GEO) telecommunication satellites. The company offers a comprehensive platform that addresses various challenges associated with satellite maintenance, including orbit correction and de-orbiting services. Utilizing advanced software and computer technologies, Infinite Orbits provides sensors that enhance situational awareness, allowing for autonomous navigation in orbit. This capability enables the company to deliver reliable in-orbit services to satellite operators globally, thereby facilitating more efficient management of satellite operations.
Aurora Propulsion Technologies
Seed Round in 2022
Aurora Propulsion Technologies specializes in providing satellite manufacturers with reliable, high-quality components for attitude and orbit control. The company focuses on enabling small satellite manufacturers, weighing between 1 to 15 kg, to effectively conduct missions in various environments, including Low Earth Orbit and beyond. Its product offerings include orbital thrusters, plasma brakes, attitude and orbit control systems, as well as innovative solutions like SAILS and E-Sail. These technologies facilitate orbital maneuvering and controlled deorbiting, ensuring that clients can achieve diverse mission objectives across different satellite designs.
Infinite Orbits
Grant in 2022
Infinite Orbits is a satellite servicing company that specializes in extending the operational lifespan of geostationary (GEO) telecommunication satellites. The company offers a comprehensive platform that addresses various challenges associated with satellite maintenance, including orbit correction and de-orbiting services. Utilizing advanced software and computer technologies, Infinite Orbits provides sensors that enhance situational awareness, allowing for autonomous navigation in orbit. This capability enables the company to deliver reliable in-orbit services to satellite operators globally, thereby facilitating more efficient management of satellite operations.
Maeve Aerospace
Grant in 2022
Maeve Aerospace is a all-electric aircraft.
Aurora Propulsion Technologies
Grant in 2022
Aurora Propulsion Technologies specializes in providing satellite manufacturers with reliable, high-quality components for attitude and orbit control. The company focuses on enabling small satellite manufacturers, weighing between 1 to 15 kg, to effectively conduct missions in various environments, including Low Earth Orbit and beyond. Its product offerings include orbital thrusters, plasma brakes, attitude and orbit control systems, as well as innovative solutions like SAILS and E-Sail. These technologies facilitate orbital maneuvering and controlled deorbiting, ensuring that clients can achieve diverse mission objectives across different satellite designs.
Dawn Aerospace
Grant in 2022
Dawn Aerospace is a company that designs and manufactures reusable spacecraft and non-toxic propulsion systems for satellites. Founded in 2016 and headquartered in Delft, Netherlands, with facilities in Auckland, New Zealand, Dawn Aerospace focuses on developing same-day reusable launch vehicles that integrate with conventional aircraft, allowing for frequent and routine launches similar to commercial aviation. Their product line includes the MK-1, MK-2, MK-3, and MK-4 vehicles. In addition, the company offers high-performance propulsion systems that replace toxic fuels, like hydrazine, with safer alternatives, enhancing capabilities for satellites of various sizes, including CubeSats. By combining these technologies, Dawn Aerospace aims to create a scalable and environmentally friendly architecture for satellite delivery, positioning, and return.
DRONAMICS
Venture Round in 2022
DRONAMICS is a cargo drone airline that develops drone technology for cargo transportation and logistics operations. The company is building an air cargo ecosystem to cater to the requirements of individuals and industries across the globe. This mobility solution, driven by long-range cargo drones, delivers savings in time, costs, and carbon emissions.
DRONAMICS
Grant in 2022
DRONAMICS is a cargo drone airline that develops drone technology for cargo transportation and logistics operations. The company is building an air cargo ecosystem to cater to the requirements of individuals and industries across the globe. This mobility solution, driven by long-range cargo drones, delivers savings in time, costs, and carbon emissions.
Sightec
Venture Round in 2021
Sightec specializes in developing visual intelligence technology for autonomous flights, leveraging computer vision and artificial intelligence to enhance safety and efficiency in unmanned aerial missions. The company's product suite offers camera-based visual situational awareness that operates day and night, facilitating navigation, ground object detection, and 3D change detection without reliance on GPS. Their flagship product, NavSight, serves as a GPS-free aerial navigation system, utilizing advanced machine vision and AI to process camera feeds for visual positioning in GPS-denied environments. Sightec's diverse clientele includes governments, original equipment manufacturers, integrators, and service providers across various sectors such as aerospace, public safety, security, inspection, and delivery. The company aims to fully realize the potential of the autonomous flight market by providing a lightweight and cost-effective visual situational awareness solution that can augment or ultimately replace human pilots.
Sightec
Grant in 2021
Sightec specializes in developing visual intelligence technology for autonomous flights, leveraging computer vision and artificial intelligence to enhance safety and efficiency in unmanned aerial missions. The company's product suite offers camera-based visual situational awareness that operates day and night, facilitating navigation, ground object detection, and 3D change detection without reliance on GPS. Their flagship product, NavSight, serves as a GPS-free aerial navigation system, utilizing advanced machine vision and AI to process camera feeds for visual positioning in GPS-denied environments. Sightec's diverse clientele includes governments, original equipment manufacturers, integrators, and service providers across various sectors such as aerospace, public safety, security, inspection, and delivery. The company aims to fully realize the potential of the autonomous flight market by providing a lightweight and cost-effective visual situational awareness solution that can augment or ultimately replace human pilots.
Share My Space
Venture Round in 2021
Share My Space detects, tracks, catalogs, and predicts the collision risk of artificial satellites and space debris. It is on a mission is to tackle the challenges related to space sustainability induced by the exponential increase of space debris and space traffic. We aim to propose space actors a highly accurate and efficient new-generation SSA platform, providing data and services. To develop our control and traffic management capabilities, we rely on our own network of telescopes, on orbital data from strategic partners, and our software dealing with space dynamics.
Share My Space
Grant in 2021
Share My Space detects, tracks, catalogs, and predicts the collision risk of artificial satellites and space debris. It is on a mission is to tackle the challenges related to space sustainability induced by the exponential increase of space debris and space traffic. We aim to propose space actors a highly accurate and efficient new-generation SSA platform, providing data and services. To develop our control and traffic management capabilities, we rely on our own network of telescopes, on orbital data from strategic partners, and our software dealing with space dynamics.
ThrustMe
Grant in 2021
ThrustMe is a startup emerging from the Laboratoire de Physique des Plasmas at the Ecole Polytechnique and the CNRS, founded by Ane Aanesland and Dmytro Rafalskyi. The company specializes in the development, production, and commercialization of advanced space propulsion systems using patented technology. ThrustMe aims to simplify and enhance the efficiency of electric propulsion, offering services that include the creation of space systems for next-generation satellites and customized solutions for ground testing of space hardware. By focusing on economic and environmental sustainability, ThrustMe provides innovative propulsion options for space teams and aerospace businesses.
Heart Aerospace
Series A in 2021
Heart Aerospace AB, founded in 2018 and headquartered in Gothenburg, Sweden, with an additional location in Palo Alto, California, focuses on developing an electric regional airliner aimed at enhancing sustainable transportation for regional travel. The company's flagship aircraft, the ES-19, is designed to accommodate nineteen passengers and boasts an operational range of 400 kilometers. Heart Aerospace seeks to significantly reduce fuel and maintenance costs compared to traditional aircraft while achieving zero operational emissions. The innovative design allows for a low infrastructural footprint, facilitating the use of small airports located near city centers. Heart's objective is to secure certification for the ES-19 for commercial operations by 2026, aligning with its mission to provide affordable and environmentally friendly travel options across the globe.
Veoware
Seed Round in 2021
Veoware Limited, based in Guildford, United Kingdom, specializes in providing satellite imagery services through its innovative data platform and analytics. Established in 2016, the company is developing a space-based system that allows customers to access satellite imagery at any time and from any location on Earth. Veoware aims to simplify and enhance the usability of satellite systems, making them accessible to a diverse range of clients. By improving the efficiency and responsiveness of satellite operations, Veoware enables users to industrialize the space sector, ensuring that hardware, software, and data are readily available for various applications.
Veoware
Grant in 2021
Veoware Limited, based in Guildford, United Kingdom, specializes in providing satellite imagery services through its innovative data platform and analytics. Established in 2016, the company is developing a space-based system that allows customers to access satellite imagery at any time and from any location on Earth. Veoware aims to simplify and enhance the usability of satellite systems, making them accessible to a diverse range of clients. By improving the efficiency and responsiveness of satellite operations, Veoware enables users to industrialize the space sector, ensuring that hardware, software, and data are readily available for various applications.
Oledcomm
Grant in 2021
Oledcomm specializes in designing and developing LiFi solutions that facilitate high-speed optical wireless data communication, targeting sectors such as aerospace and industrial markets. Founded in 2012 and re-established in February 2020 by Benjamin Azoulay, the company is headquartered in Paris, France. Its product range includes LiFi transceivers and software, which enable efficient and environmentally friendly wireless communication. Oledcomm's technology converts information into binary data, similar to optical Morse code, allowing seamless connectivity for various applications in telecom, datacom, and personal electronics.
VoltAero
Grant in 2020
VoltAero is a manufacturer of electric aircraft designed to deliver safe, quiet, efficient, and eco-friendly flight solutions. The company's innovative aircraft features parallel electric-hybrid propulsion, providing a reliable platform for general aviation. This versatile aircraft caters to various clients, including private owners, air taxi and charter companies, and those involved in commercial regional travel. By focusing on sustainability and efficiency, VoltAero aims to facilitate a new era of electric aviation, enhancing the overall flight experience while promoting environmental responsibility.
Heart Aerospace
Grant in 2020
Heart Aerospace AB, founded in 2018 and headquartered in Gothenburg, Sweden, with an additional location in Palo Alto, California, focuses on developing an electric regional airliner aimed at enhancing sustainable transportation for regional travel. The company's flagship aircraft, the ES-19, is designed to accommodate nineteen passengers and boasts an operational range of 400 kilometers. Heart Aerospace seeks to significantly reduce fuel and maintenance costs compared to traditional aircraft while achieving zero operational emissions. The innovative design allows for a low infrastructural footprint, facilitating the use of small airports located near city centers. Heart's objective is to secure certification for the ES-19 for commercial operations by 2026, aligning with its mission to provide affordable and environmentally friendly travel options across the globe.
VoltAero
Venture Round in 2020
VoltAero is a manufacturer of electric aircraft designed to deliver safe, quiet, efficient, and eco-friendly flight solutions. The company's innovative aircraft features parallel electric-hybrid propulsion, providing a reliable platform for general aviation. This versatile aircraft caters to various clients, including private owners, air taxi and charter companies, and those involved in commercial regional travel. By focusing on sustainability and efficiency, VoltAero aims to facilitate a new era of electric aviation, enhancing the overall flight experience while promoting environmental responsibility.
NanoAvionics
Grant in 2019
NanoAvionics is a manufacturer and integrator of small satellite bus systems, with operations in the US, UK, and Lithuania. The company specializes in providing end-to-end small satellite solutions tailored for both single missions and larger constellations. Its offerings include a commercial-grade satellite platform that integrates essential components such as flight computers, attitude determination and control systems (ADCS), communication subsystems, and propulsion systems based on non-toxic mono-propellants. This modular approach not only enhances the functionality of small satellites but also optimizes hardware, launch, and operational costs. With a core engineering team that boasts over 85 successful satellite missions and projects, NanoAvionics aims to deliver economic viability for a diverse range of satellite missions across various sectors globally.
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