Tag: European Space Agency
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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 Reviews Future of Gateway Contributions Following NASA Program Pause
The European Space Agency (ESA) is evaluating the future of its planned contributions to NASA’s Gateway lunar space station following changes to the Artemis programme that have placed the station’s development on hold. ESA officials said the agency intends to continue work on several Gateway-related projects while examining how the technologies could be adapted for…
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ESA Astronaut Tests EuroSuit Prototype Aboard ISS as Development Program Advances
A prototype of the European-developed EuroSuit intravehicular activity (IVA) spacesuit has undergone testing aboard the International Space Station (ISS), while a parallel water survival campaign has been completed on Earth as part of the suit’s ongoing development program. The EuroSuit initiative was launched by the French space agency CNES in late 2023 and is being…
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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 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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NewOrbit Raises $18.5 Million to Commercialize Very Low Earth Orbit Satellite Operations
European satellite manufacturer NewOrbit has closed an oversubscribed $18.5 million Series A funding round to accelerate the commercialization of very low Earth orbit (VLEO), a region of space that has historically been considered too challenging for long-term commercial operations. The funding round was led by Voyager Ventures and included participation from several new and existing…
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NASA Names Four-Astronaut Crew for Artemis III Docking Mission with SpaceX and Blue Origin Landers
NASA has selected three American astronauts and one European astronaut to fly on Artemis III, a landmark mission scheduled for late 2027 that will conduct the first in-space docking demonstrations between NASA’s Orion spacecraft and lunar landers developed by SpaceX and Blue Origin. NASA Administrator Jared Isaacman announced the crew during a ceremony in Houston…
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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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SSC Space Launches SubOrbital Express-5 Mission Carrying 12 Microgravity Experiments
SSC Space successfully launched its SubOrbital Express-5 mission on 31 May from the Esrange Space Centre in northern Sweden, carrying 12 scientific and commercial experiments designed to operate in microgravity conditions. The sounding rocket reached an altitude of approximately 260 kilometres and provided researchers with around six and a half minutes of microgravity during the…
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Venturi Space Raises Toulouse Facility Investment to €250 Million
Venturi Space has increased its planned investment in a new manufacturing and technology facility in Toulouse, France, to €250 million, up from the €100 million originally announced earlier this year. The Monaco-based space technology company said the expanded investment will support the development and production of technologies for lunar and Martian mobility systems, including rover…