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Business

Insights into the business side of the European space industry, including company news, mergers, and financial reports.

French satellite propulsion startup ION-X has secured €13 million in new funding to begin the industrialization of its ion thrusters.

French Propulsion Startup ION-X Secures €13M in New Funding

Satellite propulsion startup ION-X has announced that it has secured €13 million in new funding, which it will use to scale up the production...
Former NASA Deputy Administrator Lori Garver has accepted a strategic advisory role at Germany’s ATMOS Space Cargo.

Former NASA Deputy Administrator Lori Garver Joins ATMOS

Former NASA Deputy Administrator Lori Garver has accepted a strategic advisory role at Germany’s ATMOS Space Cargo, a company aiming to commence commercial space...
MaiaSpace CEO Johann Leroy has suggested that a partnership with Italian rocket builder Avio could benefit both companies.

MaiaSpace CEO Suggests Partnership with Avio Could Benefit Europe

MaiaSpace CEO Johann Leroy has suggested that a partnership with Italian rocket builder Avio could benefit both companies and bolster Europe’s independent access to...
London-based SatVu secures £10M funding to accelerate the launch of its HotSat-2 and HotSat-3 thermal imaging satellites.

SatVu Secures £10M in Funding for its Thermal Imaging Service

Earth observation data provider SatVu has announced that it has secured £10 million (€12 million) in new funding to accelerate the deployment of the...
The Exploration Company has secured $160 million in new funding to continue the development of its reusable Nyx spacecraft.

The Exploration Company Raises $160M in New Funding

The Exploration Company announced on 17 November that it had raised $160 million (€151.6 million) in Series B funding to continue the development of...
Latitude appoints Aurélie Bressollette as its new CEO, with co-founder Stanislas Maximin moving into executive chairman role.

Latitude Names New CEO Ahead of Zephyr Rocket’s Inaugural Flight

French launch provider Latitude has announced that co-founder and current CEO Stanislas Maximin will transition to an executive chairman role, while industry veteran Aurélie...
Munich-based OroraTech secures €25 million Series B funding to expand wildfire monitoring services globally.

OroraTech Secures €25M Series B to Expand Wildfire Monitoring Service

Munich-based startup OroraTech has closed a €25 million Series B funding round that it will utilize to expand its wildfire monitoring service into new...
Space Operations Automation Startup AIKO Secures €3.5M in Funding

Space Operations Automation Startup AIKO Secures €3.5M in Funding

Torino-based AIKO has secured €3.5 million in Series A funding to expand its presence in Europe and extend its reach into the US market. AIKO...
Copenhagen-based Final Frontier is raising €150M to invest in European space and defense startups.

Final Frontier to Raise €150M to Invest in European Space Startups

Copenhagen-based venture capital fund Final Frontier is aiming to raise €150 million to invest in European startups developing innovative space and defence capabilities. Final...
POLARIS Spaceplanes has now raised €7.1 million for the development of its AURORA multipurpose spaceplane and hypersonic transport system.

POLARIS Spaceplanes Hits €7.1M in Total Funding

German startup POLARIS Spaceplanes announced that after securing its latest tranche of funding, it has now raised a total of €7.1 million for the...

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