Infinite Orbits has announced two acquisitions in less than a week, expanding its European footprint just months after securing €40 million in funding.

Infinite Orbits Goes on Spending Spree After Securing €40 Million

In less than a week, Infinite Orbits announced two acquisitions, agreeing to purchase LMO’s Luxembourg-based operations in late February and UK-based Lúnasa Space in...
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...