Enpulsion Signs Agreement to Acquire Lift Me Off Ltd.

Expanding Into Chemical Propulsion and Strengthening Europe's Spacecraft Mobility Capabilities

Vienna, Austria / Reading, UK — August 2026

ENPULSION Holding AG ("ENPULSION"), Europe's leading industrial manufacturer of spacecraft propulsion systems, today announced the signing of a definitive agreement to acquire 100% of the share capital of Lift Me Off Ltd ("LMO"), a UK-based chemical propulsion and tank design company with deep heritage in European Space Agency (ESA) missions. Completion of the transaction is subject to approval by the UK Government under the National Security and Investment Act 2021.

A Strategic Step Toward the Spacecraft Mobility Backbone

The acquisition of LMO marks a decisive step in ENPULSION's transformation from a world-class electric propulsion component supplier into the category-defining spacecraft mobility backbone company. With this transaction, ENPULSION adds chemical propulsion design capabilities, propellant tank technology, and ESA mission heritage to its growing portfolio of pre-qualified building blocks, the modular, scalable architecture that enables spacecraft to move, orient, and adapt across missions.

Alexander Reissner, CEO of ENPULSION, commented:

"This acquisition signals our commitment to building the complete spacecraft mobility backbone. LMO brings institutional design credentials, a talented team, and a complementary technology base in chemical propulsion and tank systems. Combined with our industrialized electric propulsion, ADCS capabilities, and the Cortex integration layer, we are assembling the pre-qualified building blocks that will allow customers to configure their entire mobility architecture from a single, proven partner, without re-engineering from scratch."

Shaun Dormon, Managing Director of Lift Me Off Ltd, added:

"This joining of forces is a natural fit for both companies built on similar, but technologically distinct, visions of readily accessible in-space mobility through modular and mission-adaptable solutions. By combining ENPULSION's established scale, capabilities, and resources with LMO's unique take on chemical propulsion system integration and enabling technologies, we can together bring forth a blend of highly efficient and agile in-space manoeuvring with minimal mission integration complexity. We at LMO look forward to continuing our current LEO & Lunar mission set whilst leveraging these technologies into the next generation of ENPULSION's modular and scalable propulsion architecture."

Transaction Highlights

Target: Lift Me Off Ltd, incorporated in England and Wales, with operations at the Harwell Space Cluster, Reading, UK

Seller: LiftOff Space SARL (Luxembourg)

Scope: Acquisition of 100% of LMO's issued share capital

Condition: UK National Security and Investment Act (NSIA 2021) clearance, expected by Q3 2026

Founders: LMO co-founders Michel Poucet and Marcos Perez will support the transition to ensure continuity of ongoing programmes and customer relationships

Strategic Rationale

1. Extending the Mobility Portfolio into Chemical Propulsion

LMO's expertise in chemical and cold gas systems, propellant tanks, and pointing mechanisms complements ENPULSION's market-leading electric propulsion systems. Together, they enable hybrid propulsion backbone configurations, combining electric and chemical building blocks to serve missions requiring flexible delta-V across multiple phases.

2. Establishing a UK Presence in a Critical Space Market

The UK is one of Europe's fastest-growing space economies. LMO's established position and relationships within the UK space ecosystem, including proximity to ESA's European Centre for Space Applications and Telecommunications (ECSAT) and the Harwell Space Cluster, provide ENPULSION with a strategic foothold for business development, customer proximity, and access to national programmes.

3. Adding Institutional Mission Heritage

LMO's track record of ESA programme participation adds proven design credentials to ENPULSION's industrialized production heritage. The combination of design credibility and serial manufacturing capability directly addresses the market's core demand: dependable, qualified spacecraft mobility delivered at industrial scale.

4. Accelerating the Backbone Architecture

The acquisition accelerates ENPULSION's ability to offer pre-qualified chemical propulsion building blocks within the Cortex-enabled spacecraft mobility backbone, reducing time-to-market for hybrid mobility configurations by leveraging LMO's existing development work rather than building from zero.

About ENPULSION

ENPULSION is the European industrial leader in spacecraft propulsion, delivering flight-proven electric propulsion systems to satellite operators worldwide. With hardware on 15 of 17 SpaceX Transporter missions and a decade of dependable delivery, ENPULSION is building the spacecraft mobility backbone: a modular, pre-integrated architecture combining propulsion, attitude control, navigation, and the Cortex integration layer into repeatable, mission-configured mobility solutions. Headquartered at Vienna Airport, Austria, with operations expanding across Europe.

About Lift Me Off LTD

Lift Me Off Ltd (LMO) is a UK-based space propulsion company specializing in the design and development of chemical and cold gas systems, propellant tanks, and pointing mechanisms for institutional and commercial space missions. LMO has participated in multiple ESA programmes and operates from the UK space cluster in Reading.

Forward-Looking Statements

This announcement contains forward-looking statements regarding the expected completion and benefits of the proposed transaction. Completion remains subject to satisfaction of regulatory conditions, including NSIA 2021 clearance. There can be no assurance that the transaction will be completed on the anticipated timeline or at all.

Media contact

ENPULSION Holding AG
Office Park 2, 1300 Wien-Flughafen, Austria
press@enpulsion.com