In addition to being an antidote for the investment gap in Europe, the European Fund for Strategic Investments (EFSI) is a key financial instrument for addressing market failures, boosting the competitiveness of the EU and helping Europe recover from the economic crisis. However and above all, EFSI’s added value is reliant on its capacity to leverage investments that would not be undertaken without EIB guarantees, owing to their high level of perceived risk.

Despite the fact that the space sector is clearly well suited to EFSI requirements (long-term infrastructures, technology-intensive and technically complex projects), very few space projects have been financed under the EFSI umbrella so far.