Tag: Innovation
-
FOSSA Raises €9.25 Million to Expand IoT Satellite Network and Sovereign Space Capabilities
Spanish IoT satellite company FOSSA has secured €9.25 million (US$10.5 million) in a funding round to support international expansion and the continued deployment of its low Earth orbit (LEO) satellite constellation. The company said the new capital will be used to expand its commercial operations, strengthen its workforce, develop new security and defense capabilities, and…
-
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…
-
Obama goes into full (and feisty) geek mode at White House Frontiers Conference
“Innovation is in our DNA,” President Barack Obama tells his audience at the White House Frontiers Conference in Pittsburgh. (Credit: White House) President Barack Obama stated the obvious today during what almost sounded like a farewell address to the tech community he loves. “I confess, I am a science geek,” he said at the White…