Powering the future of Green Propulsion
From National Legacy to Global Leadership
ECAPS AB, a Swedish company pioneer in green propulsion technology, has evolved from a government-owned entity into a fast-scaling global leader in advanced rocket engines. The company’s breakthrough innovation - LMP-103S, a non-toxic alternative to traditional hydrazine propellants - has redefined the propulsion landscape, offering higher performance with a significantly reduced environmental footprint.
CASSINI Matchmaking, implemented by EUSPA, played a key role in ECAPS’ acquisition, connecting the company with new leadership and accelerating their growth journey.
Advancing Propulsion with EUSPA’s Support
ECAPS acquisition proved to be essential into scaling operations, accelerating R&D, and unlocking new market opportunities. Over the last 18 months, ECAPS successfully:
- Expanded its factory capacity tenfold, increasing propellant production from 300 kg to 3 tons.
- Enhanced its propulsion solutions for medium and large satellites.
- Secured new defense contracts with industry players.
"EUSPA and CASSINI Matchmaking played a crucial role in ECAPS' acquisition, helping us drive our vision forward. Their support enabled us to scale industry capacity, advance green propulsion technology, and create key partnerships in both the defense and space commercial sectors." shared John Franklin, Chief Business Officer.
Looking Ahead: Innovation and Expansion
With continued momentum, driven by major space & defense contracts, ECAPS is set for further expansion, committed to support commercial and governmental missions worldwide. Strategically positioned to supply next-generation propulsion solutions on a scale, ECAPS is able to address the market demands on a global level.
EUSPA and CASSINI Matchmaking roles in ECAPS’ success underscore the added value they can bring to innovative companies & investors. By facilitating the acquisition of ECAPS, EUSPA supported the company into its first step towards transformation from a national Swedish asset to a globally recognized leader in green propulsion.
To learn more about ECAPS, visit ECAPS website.
Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story. You must request permission before you use any of the photographs on the site. If you republish, we would be grateful if you could link back to the EUSPA website.