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Business

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

Orbex has announced that it will build and operate its own launch facility in Scotland.

Orbex to begin building its own launch facility

Scottish launch startup Orbex has announced that it is moving forward with plans to build and operate its own vertical launch site. The company signed...
Orbex has raised £40.4 million in additional funding to develop its Prime launch vehicle.

Orbex announces £40.4 million Series C funding round

UK-based launch startup Orbex has announced the successful closing of a £40.4 million (approximately €46.5 million) Series C funding round. According to Orbex, the new...
Credit: ESA/CubeMAP consortium

GomSpace signs €24 million ESA Scout CubeMAP contract

The European Space Agency signed a €24 million contract with GomSpace 10 November to build a trio of nanosatellites for the agency’s Scout CubeMAP...
ESA has awarded €200m contract to Airbus Defence and Space to build the agency's Ariel exoplanet observatory.

ESA award €200m contract to Airbus to build Ariel observatory

The European Space Agency announced December 7 that it had signed a €200 million contract with Airbus Defence and Space to build the agency's...
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