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Summary sheet

Release date
12 November 2025
Status
Reference
Approved | 02/12/2025
20250312
Project name
Promoter - financial intermediary
TECHEU VD ECAPS (IEU FT)
ECAPS AB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 46 million
Location
Sector(s)
Description
Objectives

The project aims to develop and qualify green propulsion systems based on the monopropellant LMP-103S. It includes prototype fabrication, testing infrastructure upgrades, and subsystem engineering to advance thruster units in the 10?220 N range from TRL 3?5 to TRL 8?9. The goal is to enable deployment on large spacecraft platforms with modular, standards-compliant subsystems. In parallel, the project is expanding into bipropellant systems, gas generators, and Auxiliary Power Units (APUs) as alternatives to hydrazine-based solutions in launch vehicles and spaceplanes. Applications in underwater vehicles will also be explored to broaden commercial potential beyond the space sector.

The aim is to support research, development, and innovation (RDI) investments, which includes extending its green propellant-based propulsion platform into high-thrust, dual-use, and non-space domains.

Environmental aspects
Procurement

The related activities will be performed in existing buildings with no relevant environmental impacts expected. The project does not fall under the environmental impact assessment (EIA) Directive 2014/52/EU (amending EIA Directive 2011/92/EU) therefore no EIA is required.

The promoter is a private company not operating in the utilities sector and does not have the status of a contracting authority. It is thus not subject to EU rules on public procurement.

Milestone
Approved
2 December 2025
Related projects
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - TECHEU VD ECAPS (IEU FT)
Publication Date
5 Dec 2025
Document language
Main Topic
Lending
Document Number
251809431
Document Focus
Environmental Information
Project Number
20250312
Sector(s)
Regions
Countries
Publicly available
Download now

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