Airbus joins Nazca Aeroespacial y Defensa Innvierte I FCR fund as a strategic investor

• The entry of Airbus, a global leader in the aerospace and defense sector, is a strategic milestone for the fund and strengthens its institutional, technological and industrial strenght.
• Since the start of fundraising in mid-2025, the fund has secured commitments totaling more than €425 million, confirming the strength of the investment thesis and the broad interest among national and international investors.The fund has already completed two investments—Teltronic and Ravenloop—and plans to announce new deals in the coming months.
• The entry of Airbus, a global leader in the aerospace and defense sector, is a strategic milestone for the fund and strengthens its institutional, technological and industrial strenght.

Madrid, January 15, 2026. – NAZCA CAPITAL – a private equity investment firm – has announced the entry of Airbus as a new investor in the Fondo Nazca Aeroespacial y Defensa INNVIERTE I FCR fund, the largest Spanish fund specializing in the sector and one of the largest in Europe. The participation of Airbus, an international leader in aerospace, defense, and advanced technologies, represents a major strategic endorsement of the fund’s thesis and confirms the attractiveness of its positioning in an area critical to European technological autonomy and competitiveness, as well as to the strengthening of a more solid and resilient industrial sector.

The entry of a global industrial player such as Airbus provides significant validation of the fund’s strategic orientation and its ability to identify companies with strong technological, industrial, and scalability potential, enriching market understanding through its sector knowledge and insights into emerging trends.

Since fundraising began in mid-2025, the fund has secured commitments totaling more than €425 million, reflecting the interest it is generating among institutional and strategic investors. This pace of fundraising demonstrates the market’s growing focus on investment themes such as industrial modernization, strategic autonomy, and dual-use technologies.

Investment activity is progressing in line with expectations. The fund has already closed two deals: Teltronic, Spain’s leader in critical communications for transportation, public safety, critical infrastructure, and defense; and Ravenloop, a company specializing in predictive cyber intelligence based on artificial intelligence for defense and national security. Both investments reflect the fund’s ambition to support strategic technologies, companies with high scalability, and players capable of strengthening critical technological capabilities. Nazca plans to announce new investments in the coming months, drawing on a broad pipeline of companies with high technological content and a growing role in the European value chain.

Nazca has also appointed Miguel Sánchez San Venancio as Chairman of the Advisory Board for the Nazca Aeroespacial y Defensa INNVIERTE I FCR fund. Until last June, Sánchez San Venancio was the Global Head of Global Security at Telefónica following a nine-year tenure, and previously held senior positions at Spain’s National Intelligence Centre (CNI).

Fondo Nazca Aeroespacial y Defensa INNVIERTE I FCR fund aims to drive modernization, growth, and technological autonomy in the aerospace, defense, security, and dual-use technology sectors in Spain and Europe. Its strategy focuses on identifying strategic companies that require capital, professionalization, and scale to accelerate their development and national and international expansion. With commitments from Centre for Technological Development and Innovation (CDTI), the European Investment Fund, and now Airbus, the fund is consolidating its position as one of the most important investment instruments for strengthening critical capabilities, promoting innovation, and fostering industrial consolidation in Europe.

Carlos Carbó, Nazca Capital’s Chairman, has stated: “The entry of Airbus as a strategic investor represents a fundamental milestone for the fund. Its position as the largest European player in the aerospace and defense sector provides qualitative and particularly relevant support for our thesis at a key moment for the defense, security, and aerospace ecosystem. The strong market response since the fund was launched confirms the soundness of our proposal and the growing interest in initiatives that promote Europe’s technological autonomy and industrial competitiveness.”