Austrian spacecraft propulsion manufacturer ENPULSION has announced a definitive agreement to acquire UK-based chemical propulsion specialist Lift Me Off (LMO). This strategic move aims to combine ENPULSION's leading electric propulsion systems with LMO's expertise in chemical and cold gas technologies. The completion of the transaction is contingent upon approval from the UK Government under the National Security and Investment Act.
A Strategic Expansion into Chemical Propulsion
The acquisition marks a significant step in ENPULSION's evolution from a component supplier to a comprehensive spacecraft mobility backbone provider. LMO brings institutional design credentials and a complementary technology base in chemical propulsion and tank systems to the Austrian firm. CEO Dr. Alexander Reissner stated this allows customers to configure entire mobility architectures from a single, proven partner.
By integrating LMO's portfolio, ENPULSION can now offer hybrid propulsion configurations that serve missions requiring flexible performance across multiple phases. This combination of electric and chemical building blocks provides enhanced agility and efficiency for in-space maneuvering. The merger promises to deliver highly adaptable solutions with minimal mission integration complexity for satellite operators.
Integrating Expertise and Market Presence
Founded in 2018, Lift Me Off has established a strong reputation for designing chemical propulsion systems for institutional and commercial space missions. The company has participated in multiple European Space Agency (ESA) programmes, adding valuable mission heritage to ENPULSION's portfolio. This track record of proven design credentials complements ENPULSION's industrialized production capabilities.
Shaun Dormon, Managing Director of LMO, described the union as a natural fit built on a shared vision for accessible in-space mobility. He noted that combining ENPULSION's scale with LMO's unique technologies will advance modular and scalable propulsion architectures. LMO's founders, Michel Poucet and Marcos Perez, will support the transition to ensure program continuity.
Broadening European and UK Footprint
This deal provides ENPULSION with a strategic foothold in the United Kingdom, one of Europe's fastest-growing space economies. LMO's location within the UK space cluster in Reading offers proximity to key institutions like ESA's European Centre for Space Applications and Telecommunications. This presence will facilitate business development and access to national programmes.
The acquisition follows ENPULSION's recent €22.5 million growth funding round led by Nordwind Growth, intended to fuel its global expansion. This financial backing supports the company's strategy to scale production capacity and deepen its market penetration. The purchase of LMO accelerates ENPULSION's ability to offer pre-qualified chemical propulsion building blocks.
This acquisition positions ENPULSION to become a dominant force in the comprehensive spacecraft mobility sector by bridging electric and chemical propulsion. The integration of LMO's expertise and UK market presence significantly accelerates ENPULSION's strategic roadmap. Pending regulatory approval, the combined entity will offer a more robust and versatile suite of solutions for the global space industry.