In an unprecedented strategic move, EOS X SPACE strengthens its global leadership with the acquisition of Space Perspective, the innovative U.S.-based space exploration company. For the first time, a European company enters the elite circle of the new space economy.
Madrid, July 23, 2025 — EOS X SPACE, the European aerospace company founded in Madrid, Spain, has announced the acquisition of Space Perspective, its main U.S. competitor in near-space flights, sub-orbital missions, and stratospheric technologies.
Following a competitive bidding process among several aerospace companies, EOS X SPACE was selected as the strongest proposal to acquire Space Perspective. Its technological platform, considered the most advanced on the market, and its economic offer the highest among all bidders, including U.S. groups positioned EOS X SPACE as the ideal buyer. Additionally, the restructuring and relaunch plan for the new New Space Perspective, which includes integrating part of the former team and accelerating operational development, was key. Especially after the successful test flights in January 2025, where the Neptune capsule reached an altitude of over 35,000 meters. For Kemel Kharbachi, CEO of EOS X SPACE, “this is a historic opportunity for two former rivals to join forces and make manned space tourism a reality.” He also emphasized that Space Perspective will operate with full autonomy, under U.S. leadership and corporate structure. The transaction was led by Sherwood Partners, with EOS X SPACE presenting the strongest technical and financial bid.
Aligned with this vision, it is worth recalling the milestone presented in February 2024 by Space Perspective, when it unveiled the first images of its final test capsule, named Excelsior, in tribute to stratospheric jump pioneer Joe Kittinger. This capsule is currently the largest ever built for commercial space flights and marks a turning point in the history of the U.S. private space industry. The capsule redefines the concept of accessible, luxury spacecraft. Space Perspective has been a pioneer in promoting a sustainable, safe, and transformative approach for future space explorers.
With this strategic move, EOS X SPACE cements its position as one of the three leading private space companies globally alongside SpaceX and Blue Origin, and becomes the only operator with a vertically integrated model across the two key categories: near-space flights with pressurized capsules and sub-orbital missions in the stratosphere.
Based at Kennedy Space Center in Florida, Space Perspective was globally recognized as a leader in luxury space tourism thanks to its patented SpaceBalloonTM technology and its pressurized capsule Spaceship Neptune. The company had previously raised $48 million in venture capital, including a $40 million Series A round led by Prime Movers Lab, with participation from LightShed Ventures, Explorer 1 Fund, among others.
The financial terms of the transaction remain confidential by agreement between the parties.
A strategic leap into the U.S. space market
With this acquisition, EOS X SPACE expands its industrial presence into the United States, where it will operate two key hubs: • A spaceport in Florida (Kennedy Space Center) for near-space flights • A new R&D and assembly facility in California, in the heart of the Silicon Valley aerospace and tech ecosystem
The company will relocate part of its technical capabilities and executive team to the U.S., which will become its future global operational headquarters. With this, EOS X SPACE consolidates itself as a transatlantic aerospace holding with strategic presence in North America and Europe.
“This is not just a strategic acquisition: it is a declaration of our long-term vision,” said Kemel Kharbachi, Founder and CEO of EOS X SPACE. “We are building a scalable, ethical, and efficient space platform driven by innovation, purpose, and excellence.”
From luxury experience to global aerospace leadership
With the backing of institutional funds and U.S. investment banks, EOS X SPACE will continue its intensive investment strategy in key sectors including: • Near-space and sub-orbital flights for civilians and payloads • Reusable launch systems for low Earth orbit (LEO) satellites • Persistent aerial ISR and stratospheric communication platforms • Advanced space medicine and scientific research (longevity) • Aerospace infrastructure for scientific and commercial applications
Strategic growth
EOS X SPACE currently has an estimated valuation of over $230 million and an industrial plan involving more than $65 million in new investments over the next 24 months. The company expects to achieve operational profitability by 2026, integrating operations across the U.S. and Europe.
Purpose, discipline, and global impact
While many space companies have pursued rapid growth models with high capital consumption, EOS X SPACE has chosen from the outset a disciplined strategy focused on long-term sustainable value creation.
“In the space industry, moving forward without structure is a recipe for failure,” Kharbachi stated. “We believe in strategic patience, operational excellence, and building with purpose. This is how we intend to lead the new era of ethical, accessible, and high-impact space exploration.”
About EOS X SPACE
Founded in 2020, EOS X SPACE is an international aerospace platform with operational headquarters in Madrid (Spain), Abu Dhabi (UAE), and soon in California (U.S.). It develops clean, reusable, and safe technologies for space tourism, launch systems, scientific research, and stratospheric communications.
Its mission is to democratize access to space and build a sustainable, collaborative, and forward-looking aerospace ecosystem.
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