Business

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

Orbex’s Danish subsidiary, Orbital Express Launch ApS, is set to file for bankruptcy, with its workforce being let go on 20 January.

Orbex’s Subsidiary in Denmark to File for Bankruptcy

January 21, 2026

UK rocket builder Orbex has signed a letter of intent to sell to European space logistics startup The Exploration Company.

The Exploration Company in Talks to Buy UK Rocket Builder Orbex

January 21, 2026

ESA Member States have committed an additional €73 million to SWISSto12’s HummingSat micro-geostationary satellite project.

SWISSto12 Secures €73 Million in New ESA Funding for HummingSat Project

January 21, 2026

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

December 7, 2021

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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