Private equity investments in Europe have always been much lower than in the US, with Europe consistently capturing a smaller share of global investments. This creates a opportunity for more funding, especially in emerging industries like Slovakia’s space sector.

The space industry is shifting from being mainly government-driven to a more commercial approach. Governments are now increasingly turning to private companies for technology, particularly in areas like Earth observation and small satellite constellations. However, many companies in the Slovak space tech industry still rely heavily on government contracts and grants.

At the recent Vytah Conference, Slovakia stood out as an exciting hub for space innovation in CEE. With strong engineering talent, competitive startup valuations and growing institutional support, the Slovak space sector is an attractive space for investment.

As of April 2025, 48 companies are active in the Slovak space tech sector, according to the Slovak Space Office, focusing on areas like Earth observation, space hardware, and navigation systems. These companies are also contributing to important fields like space safety, materials development, cybersecurity, and consulting, making the Slovak space sector a diverse and capable ecosystem with increasing global recognition.

As interest in commercial space applications grows and efforts to strengthen Europe’s industrial base continue, Slovakia’s space tech sector is positioned for expansion. The country’s developing ecosystem, supported by strong engineering talent and increasing institutional backing, offers valuable opportunities for investors seeking to tap into a dynamic and innovative market.

To learn more about Slovak space tech, you can either purchase the full report or get in touch for custom research services.