The €2.5 million EIC Accelerator Adaptronics grant marks a key milestone for the University of Bologna’s spin-off specializing in deep-tech solutions. The company was selected by the European Innovation Council (EIC) from 923 international candidates for its revolutionary approach to space logistics.
Key points
- Amount: €2.5 million non-repayable grant.
- Technology: Electro-adhesive autonomous lifting (EAAL) for any form of object.
- Objective: In-orbit maintenance and removal of space debris.
Details of the EIC Accelerator Adaptronics funding
The allocation of funds is part of the Horizon Europe programme, designed to support high-risk, high-impact startups. EIC Accelerator Adaptronics funding will enable the company to accelerate the transition from prototype to commercialization. In addition to the grant component, the agreement includes an option for equity investments by the EIC Fund, involving the European Investment Bank (EIB) as a co-investment advisor.
Objectives of EIC Accelerator Adaptronics financing in space
With EIC Accelerator Adaptronics funding, the startup aims to demonstrate its technology in orbit (IOD). The main objective is to address the critical issue of space debris proliferation by providing tools capable of capturing and removing decommissioned satellites. This positions Bologna-based excellence as a leader in Europe’s new space economy.
