Tag: European Space Sector
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OHB Launches €510 Million Share Offering to Fund Expansion and Strategic Investments
German aerospace and satellite manufacturer OHB has priced a previously announced share offering aimed at raising up to €510.7 million ($585.8 million) to support expansion plans across its space and technology businesses. The company said it will issue up to 1.7 million new shares at a subscription price of €300 per share as part of…
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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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Reflex Aerospace Selects Arkadia Space Propulsion System for 2027 Satellite Mission
German satellite manufacturer Reflex Aerospace has selected Spanish startup Arkadia Space to provide the propulsion system for a commercial satellite mission scheduled to launch in 2027, marking the first time Reflex will deploy a chemical-propulsion system on one of its spacecraft. Under the agreement, Reflex’s 200-kilogram satellite will use Arkadia Space’s Triton 5N monopropellant engine…
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PLD Space Invests €35 Million in Launch Complex at Guiana Space Centre
PLD Space has announced plans to invest €35 million ($40.8 million) in the development of its launch complex at the Guiana Space Centre (CSG) in Kourou, French Guiana. The investment will be carried out between 2025 and 2026 and is intended to support the company’s upcoming Miura 5 launch vehicle program. First Private Operator at…