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Luxembourg Business Angel Network establishes its own Space Angel Group

07.07.2017 09:31


Marc Molitor, chairman of the Luxembourg Business Angel Network (LBAN), is saying that this is a natural response from LBAN in order to support the government´s Space Resource Initiative and the heightened focus on developing a viable space industry within the borders of the Grand Duchy and beyond.

LBAN´s Space Angel group will be organized as a subgroup of LBAN. Its main objectives will to be to bring together interested individual investors into the space industry and stimulate & support Luxembourg´s position as a space nation. To join the group, being a LBAN member will not be a pre-requisite.

With this initiative, Marc Molitor states that LBAN clearly emphasises its role as an active and important force to support the development of Luxembourg-based businesses. The space industry has a potential for global reach. 

The Luxembourg Space Angels will start their first meeting in September. The group will be co-chaired by two LBAN members, Fabrice Testa and Tor Fyksen, whom both are active space angels. The group will use the “Meet-Up” platform as its main communication and meeting format. Those interested in joining the Luxembourg Space Angels can contact one of the co-chairs (spaceangels(at)lban.lu ) or follow future announcements via “Meet-Up- Luxembourg Space Angels”.

More information : www.lban.lu