Shareholder advisers Glass Lewis and ISS issue opposing recommendations on Avio’s proposed bylaw changes ahead of a 3 March Extraordinary Shareholders’ Meeting.

Shareholder Advisory Firms Disagree on Avio Bylaw Amendments

Proxy adviser Glass Lewis has recommended that Avio shareholders vote in favour of a set of proposed bylaw amendments that would reduce the maximum...
OneWeb operator Eutelsat plans to raise €1.5 billion through new bonds to refinance debt and strengthen its balance sheet.

Eutelsat to Raise €1.5 Billion to Refinance its Debt

European satellite operator Eutelsat has announced that it will raise €1.5 billion to refinance existing debt and add cash to the company’s balance sheet. In...
Ahead of a 3 March Extraordinary Shareholders' Meeting, an advisory firm has urged Avio shareholders to reject several proposed bylaw amendments.

Shareholder Advisory Firm Urges Vote Against Avio Bylaw Amendments

Institutional Shareholder Services (ISS), a proxy adviser for institutional investors, has recommended that Avio shareholders vote against a set of proposed bylaw amendments, setting...
SatVu has secured £30 million in new funding to expand its thermal infrared Earth observation constellation, with two satellites scheduled for launch in 2026.

Earth Observation Data Provider SatVu Closes £30 Million Funding Round

London-headquartered thermal infrared Earth observation data provider SatVu announced that it has closed a £30 million (approximately €34.3 million) funding round as it prepares...
A statement from The Exploration Company suggests its planned acquisition of Orbex was blocked by the UK government.

Did the UK Block The Exploration Company’s Purchase of Orbex?

In a statement to European Spaceflight, a spokesperson for The Exploration Company suggested that the failure of its acquisition of launch services startup Orbex...
Eutelsat is set to receive nearly €1 billion in French state-backed financing to expand its OneWeb satellite constellation.

Eutelsat to Take Out Almost €1B in State-Backed Debt for New Satellites

European satellite communications operator Eutelsat is set to receive almost €1 billion in French government-backed financing to expand its OneWeb broadband constellation. In a June...
Orbex has officially entered insolvency proceedings after its planned acquisition by The Exploration Company collapses, putting 150 more jobs at risk.

Orbex Fails After Planned Purchase Falls Through

The UK-based launch services provider Orbex has entered insolvency proceedings after a planned takeover by European space logistics startup The Exploration Company fell through. In...
Constellr has closed a €37 million Series A funding round to advance its thermal Earth observation data offering to “defence-grade status."

Earth Observation Data Provider Constellr Closes €37 Million Series A

Munich-based Earth observation data provider Constellr announced on 10 February that it has closed a €37 million Series A funding round, bringing its total...
OHB has established the European Moonport Company to consolidate its Moon-related activities and support Europe’s long-term lunar exploration ambitions.

OHB Establishes European Moonport Company

German space technology company OHB announced on 4 February that it has established a new subsidiary, the European Moonport Company, to consolidate all its...
Isar Aerospace is expanding its testing facilities at Esrange Space Center in Sweden as it prepares for the second flight of its Spectrum rocket.

Isar Aerospace to Expand Testing Facilities as it Prepares for Next Spectrum Flight

German rocket builder Isar Aerospace has announced plans to expand its testing facilities at the Esrange Space Center in Sweden. The announcement comes as...
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