Business

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

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...
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...

Support independent European space news

Help European Spaceflight continue to go after stories that are too often overlooked. You can donate from as little as €1. Every cent goes to fueling our mission.