CDTI - Center for Technological Development and Innovation
Governmental agency
ESA Investor Network
Coverage
Spain
Ticket size
€ 175M - € 30M
Sweet spot
€ 1M
Borrower stage
Pre-revenue / R&D stage to Pre-IPO / Late stage
Space programmes
PERTE Aeroespacial (PERTE Aerospace), ACT 15 (R&D Loans for Aeroespace) and ACT 16 (Equity investment through INNVIERTE for Aerospace)
Borrower stages
- Pre-revenue / R&D stage
- Early revenue (<€ 1M ARR)
- Growth stage (€ 1M – € 10M ARR)
- Scale-up (€ 10M – € 50M ARR)
- Established / Profitable
- Pre-IPO / Late stage
Actively finances
- Launch vehicles and propulsion
- Satellites
- Ground segment and terminals
- Space data and AI applications
- In-space services and debris removal
- Space manufacturing
- Defence-tech / dual-use space
- Human spaceflight / tourism
- GNSS / PNT applications
- All commercial space (sector-agnostic)
Instruments
- Convertible note / bond
- Innovation / R&D loan
Tenor
10 years
Time to term sheet
3 months
Security and collateral
- Unsecured possible
- Personal / parent-company guarantee
- Bank guarantee
Conditions
Some specific lines could exclude specfic sectors (case-by-case)
Can lend to loss-making companies
Lend under risk-sharing programmes
Can lend to loss-making companies
Lend under risk-sharing programmes
Documents
Company and R&D Project description
Contact
info@cdti.es — see https://www.cdti.es/contacto for other contact e-mails depending on the funding instrument
