Tag: European Launcher Challenge
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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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Skyrora Eyes Orbex Assets Including Scottish Spaceport After Rival’s Financial Troubles
British rocket developer Skyrora said on Thursday it is considering acquiring selected assets from rival Orbex, including a planned spaceport in northern Scotland, after the smaller launch company disclosed financial difficulties. Skyrora, headquartered in Glasgow, said it intends to explore purchasing parts of Orbex’s business, notably the Sutherland Spaceport project on Scotland’s north coast, in…