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Business

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

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...
Italian in-space logistics company D-Orbit has raised an additional €50 million, extending its Series C funding round to €150 million.

D-Orbit Extends Series C Funding Round, Raising €150M

Italian in-space logistics company D-Orbit has announced that it has extended its Series C funding round to €150 million. Established in 2011, D-Orbit offers last-mile...
Arianespace CEO Stéphane Israël doubts that “Europe can afford two heavy rockets” as it looks toward a future replacement for Ariane 6.

“Competition Might Have Its Limits,” Says Arianespace CEO

Arianespace CEO Stéphane Israël has suggested that focusing on competition may not be the best approach in developing an Ariane 6 successor. In an interview...
The European Commission has partnered with SPACE AISBL and committed €100 million to improve the Competitiveness of the European space industry.

EU Commits €100M to Improve Competitiveness of European Space Industry

The European Commission announced 10 September that it has signed an agreement with SPACE AISBL to co-manage the European Partnership for Globally Competitive Space...
Investment firm KKR has received regulatory approval to purchase a minority stake in German space company OHB.

KKR Receives Regulatory Approval for OHB Minority Stake Purchase

US-headquartered investment firm KKR has received final regulatory approvals to proceed with the purchase of a 28.6% minority stake in German space company OHB. In...
Rocket Factory Augsburg has released more than one and a half minutes of footage of its failed RFA ONE first stage static fire test.

RFA Release Footage of Failed RFA ONE Static Fire Test

Rocket Factory Augsburg has released footage of its failed RFA ONE static fire test that resulted in the destruction of the first stage the...
The Exploration Company has launched a recruitment drive that will see it increase its ranks by as much as 40%.

The Exploration Company to Increase Workforce by 40%

In-space logistics provider The Exploration Company has launched a large recruitment drive. The company is currently hiring for 51 open positions. Founded in 2021,...
The Exploration Company has revealed that since its founding in 2021, it has secured $770 million in contracts.

The Exploration Company Has Secured $770M in Contracts

The Exploration Company has revealed that just over three years after its founding, it has already secured $770 million (€704.5 million) in contracts. Founded in...

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