Tag: Europe
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BioOrbit Raises £9.8 Million Seed Funding to Advance Space-Based Drug Manufacturing
London-based BioOrbit said it has raised £9.8 million ($11.4 million) in a seed funding round to accelerate its space-based pharmaceutical manufacturing technology and expand operations into the United States. The round was co-led by LocalGlobe and BREEGA, with participation from Auxxo, Seedcamp, Type One Ventures, 7percent Ventures, and undisclosed angel investors. Founded in 2023, BioOrbit…
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European Space Startups Attract €1.4 Billion As Private Capital Gains Confidence
Private capital markets in Europe are showing increasing confidence in space-sector startups, even as structural challenges remain, according to a new report by the European Space Policy Institute. In its annual “Space Venture 2025” report, ESPI said European space ventures secured €1.4 billion in private investment last year, representing an 8% decline year-on-year. However, venture…
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Spaceflux Raises £3.5 Million to Extend Seed Round and Expand Globally
UK-based Spaceflux has raised an additional £3.5 million in funding, extending its seed round to a total of £9 million (approximately €10.4 million), as the company seeks to expand its presence in global markets. The funding extension was led by existing investor Blackfinch Ventures, with participation from current backers and a new investment from SPARX…
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Arianespace Launches 32 Amazon Satellites on Ariane 6 as Constellation Deployment Continues
Arianespace has successfully launched 32 satellites for Amazon’s low Earth orbit (LEO) constellation, marking its second mission for the program using the Ariane 6 rocket. The launch took place at 08:57 UTC from the ELA-4 launch complex in French Guiana, with the rocket flying in its Ariane 64 configuration, which includes four solid-fuel boosters. The…
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SpaceX Launches Transporter-16 Mission Carrying 119 Payloads to Orbit
SpaceX launched its Transporter-16 rideshare mission from Vandenberg Space Force Base, sending 119 payloads into orbit in what the company said is its first rideshare flight of 2026. The mission carried a broad mix of satellites and technology demonstrators spanning Earth observation (EO), radio frequency (RF) sensing, communications and in-orbit services. Further details are expected…
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Rocket Lab Secures German Approval for Mynaric Acquisition
Rocket Lab said it has received regulatory clearance from Germany to proceed with its planned acquisition of Mynaric, with the transaction expected to close in April. The approval was granted by Germany’s Federal Ministry for Economic Affairs and Energy, enabling the company to move forward with the deal as part of its strategy to expand…
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ESA Member States Seek Cancellation of Mars Earth Return Orbiter
Member states of the European Space Agency have called for the cancellation of the Earth Return Orbiter, a central component of the joint Mars Sample Return programme with NASA. The Earth Return Orbiter was intended to capture Martian samples launched into orbit and transport them back to Earth. ESA had awarded Airbus Defence and Space…
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Arkadia Space Secures €14.5 Million EU Funding to Advance Green Satellite Propulsion
Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator programme, as it works to commercialise a more environmentally friendly satellite propulsion system. The funding package includes a €2.5 million grant, €6 million in equity investment from the EIC Fund, and approximately €6 million from private investors. The support underscores the…
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Ramon.Space Plans Orbital Data Center Prototype Launch With Ingrasys
Ramon.Space is preparing to launch a prototype orbital data center in collaboration with Ingrasys, targeting a first demonstration mission as early as 2026. The initiative marks a new step in the emerging race to deploy computing infrastructure in space, with the companies aiming to build scalable in-orbit data processing capabilities by the end of the…
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AIRMO Raises €5 Million To Launch Methane Monitoring Satellite
European space startup AIRMO has secured €5 million ($5.8 million) in seed funding to support the launch of its first greenhouse gas monitoring satellite and expand its methane detection services into new markets. The funding round was led by Ananda Impact Ventures, with participation from Unconventional Ventures, Kopa Ventures, Desai Ventures, Hypernova, and New Venture…