Tag: Launch Vehicles
-
MaiaSpace Avoids Dissolution Despite 2025 Loss as ArianeGroup Backs Launcher Development
MaiaSpace will continue operating after its parent company, ArianeGroup, decided not to dissolve the French launch startup despite a significant financial loss in 2025 that left its shareholders’ equity below zero. Financial statements filed on July 22, 2026, showed MaiaSpace recorded a net loss of €37.5 million during 2025. Although the company ended the year…
-
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…
-
Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
-
China Readies 6 New Rockets for Launch Including Reusable Tests
Which Chinese Rockets Are Targeting First Flights in 2026? China’s space sector is preparing at least six new launch vehicles for debut flights and reusability demonstrations between June and September 2026, representing the most concentrated wave of Chinese rocket development since the commercial space sector opened in 2014. The lineup includes three state-led Long March…
-
Firefly Alpha Block 2 targets late summer debut
What improvements does Alpha Block 2 bring to Firefly’s launch capabilities? Firefly Aerospace is targeting a late summer 2026 launch for the first Alpha Block 2 rocket, marking a significant upgrade to the company’s small-lift launch vehicle. The Block 2 variant delivers enhanced payload capacity to Low Earth Orbit (LEO), improved operational efficiency, and streamlined…
-
UK Rocket Builder Orbex in Talks to Sell Business to The Exploration Company
UK-based rocket manufacturer Orbex said it has signed a letter of intent to sell its business to European space logistics startup The Exploration Company, marking a potential consolidation move within Europe’s emerging launch sector. Orbex confirmed on Jan. 21 that negotiations have begun but said all details of the proposed transaction remain confidential. The company…