Tag: Germany
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Amazon Leo Expands Into Construction Sector Through Hitachi Machinery Connectivity Deal
Amazon Leo has entered the construction sector through a new agreement with Hitachi Construction Machinery, as Amazon prepares for the initial rollout of its low Earth orbit satellite internet service later this year. The companies announced on Wednesday that Hitachi Construction Machinery will begin deploying portable Amazon Leo satellite terminals at construction sites in the…
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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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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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Telefónica Germany and OQ Technology Test Direct-to-Device Satellite Connectivity
Telefónica Germany has partnered with Luxembourg-based satellite operator OQ Technology to test direct-to-device (D2D) satellite communications, marking a step toward integrating satellite connectivity with conventional mobile networks. The companies are conducting trials in Mecklenburg-Western Pomerania, Germany, using Telefónica Deutschland’s frequency spectrum to evaluate two-way text messaging and voice communication directly between satellites and standard mobile…
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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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SWISSto12 Partners with Germany for D2D GEO Broadcast Satellite
What makes this German partnership crucial for GEO broadcast satellites? SWISSto12 has secured a strategic partnership with an unnamed German high-performance space subsystem provider to develop Direct-to-Device (D2D) capabilities for Geostationary Orbit (GEO) satellites focused on media broadcast applications. The collaboration represents a significant pivot toward consumer-facing satellite services from the Swiss company known primarily…
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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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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…
