Tag: Europe
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OHB Targets Up to €510 Million Capital Raise to Expand Space Manufacturing
German space technology company OHB is seeking to raise up to €510.7 million through a share offering to support the expansion of its manufacturing capacity and fund investments in launch systems, acquisitions and future space projects. The company said it plans to issue approximately 1.7 million new shares priced at €300 each, with proceeds primarily…
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ESA Delays Space Rider Drop Test After Anomaly During Helicopter Ascent
The European Space Agency (ESA) has postponed a key drop test of its Space Rider reusable spaceplane after an anomaly occurred during a helicopter-assisted ascent phase in May, delaying the final stage of the vehicle’s landing qualification campaign. ESA confirmed that the incident took place during a two-week test campaign that concluded on May 8,…
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Isar Aerospace scrubs second launch of Spectrum rocket after weeks of delays
The European private space launch provider Isar Aerospace, headquartered in Ottobrunn, Germany, is set to fly its Spectrum small-satellite launcher on its second mission after weeks of delays and aborted launch attempts. Over a year after Spectrum’s first flight failed, the company is to fly the “Onward and Upward” mission from the Orbital Launch Pad…
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Vast Space Targets French Market with Two Crewed Station Missions
How is Vast Space expanding its commercial station services into Europe? Vast has announced its first major European expansion, committing to two dedicated crewed missions carrying French astronauts to its Haven-1 commercial space station. The Long Beach-based startup plans to launch these missions following Haven-1’s operational debut in 2025, positioning itself as a key player…
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Open Cosmos Seeks Extension for European Broadband Constellation
Why is Open Cosmos requesting more time for its European broadband constellation deployment? Open Cosmos is requesting an extension for its sovereign European broadband satellite constellation after encountering significant launch vehicle availability constraints that have disrupted its deployment timeline. The British small satellite specialist originally committed to deploying a multi-hundred satellite network to provide secure…
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Applied Atomics Emerges From Stealth With $500 Million in Demand Commitments for Space Mobility Network
Space technology startup Applied Atomics has emerged from stealth mode, unveiling plans to develop a new orbital mobility infrastructure platform backed by more than $500 million in demand commitments from prospective customers and partners. The company announced on June 11 that it has secured over $500 million in Letters of Intent (LOIs) and Memoranda of…
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Europe Faces $47B Space Infrastructure Gap Post-Launch
Can Europe Close Its $47 Billion Space Infrastructure Gap? Europe faces a critical $47 billion investment shortfall in space infrastructure over the next decade, threatening its sovereign space capabilities despite recent launch successes including Ariane 6’s debut. ESA estimates current funding covers only 65% of requirements for maintaining competitive positioning against U.S. and Chinese space…
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Isar Aerospace Raises €270 Million to Scale Spectrum Rocket Production and Expand Global Launch Network
German launch services company Isar Aerospace has secured a €270 million Series D funding round to accelerate global expansion, increase production of its Spectrum launch vehicle and strengthen sovereign space capabilities for Europe, NATO members and allied nations. The company said the new capital will support the worldwide scaling of its operations and the ramp-up…
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Alén Space Advances Atlantic Constellation Role as Spanish Satellite Program Enters Production Phase
Alén Space has reached a new milestone in its participation in Spain’s contribution to the Atlantic Constellation (ESCA), following the successful completion of the project’s Critical Design Review (CDR), a key step that allows the program to move into the production phase for satellites and onboard payloads. The Atlantic Constellation is a joint Earth observation…
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Infinite Orbits Selects Open Cosmos for ‘Tom & Jerry’ Satellite Inspection Mission
European space companies Infinite Orbits and Open Cosmos have partnered on a new satellite mission designed to demonstrate rendezvous, proximity and inspection operations in low-Earth orbit (LEO). The mission, dubbed “Tom & Jerry,” will involve two satellites that will perform a series of maneuvering and inspection activities after launch, which is currently targeted for mid-2027.…