The substantial EUR 22.5 million financing round led by Nordwind Growth, reinforces ENPULSION’s strategic pursuit to consolidate its global space mobility leadership through the development of integrated space mobility solutions and to expand its reach across the US space industry.
Nordwind Growth is one of the first Germany-based growth funds and has many years of successful experience in scaling and expanding growth companies. The investors of Nordwind Growth are, among others, well-known entrepreneurs as well as industrial families, who are happy to make their experience and network available to the portfolio companies.
ENPULSION develops and manufactures modular electric propulsion systems based on FEEP technology for micro- and nanosatellites. With over 320 systems deployed in orbit and more than 500 cumulative years of operational flight, ENPULSION is recognized as a leading provider of propulsion solutions for the small satellite segment worldwide.
CERHA HEMPEL provided comprehensive legal advice to Nordwind Growth in connection with this complex and strategic growth private equity transaction.
"We are pleased to have advised Nordwind Growth on its first strategic investment in the space sector. Navigating the intricacies of this private equity transaction highlights the kind of transaction in which our team at CERHA HEMPEL excels." – Dr. Martin Eichinger, Partner.
The team at CERHA HEMPEL consisted of Martin Eichinger (Partner, Corporate/M&A), Jakob Weber (Senior Associate, Corporate/M&A), Lela Ghoreishi (Associate, Corporate/M&A), Ana Gudadze (Associate, Corporate/M&A), Bianca Bischinger (Associate, Corporate/M&A), Wolfgang Sindelar (Senior Counsel, Employment), Alistair Gillespie (Senior Associate, Real Estate), Stefan Huber (Partner, Public Law), Armin Schwabl (Partner, Public Law), Adriana Haslinger (Associate, Public Law), Alina Alavi Kia (Senior Associate, IP/IT), Roman Heidinger (Senior Associate, IP/IT), Philipp Schaubach (Senior Associate, Antitrust/Competition) and Heinrich Depauly (Associate, Antitrust/Competition).