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Business

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

ArianeGroup CEO Martin Sion explained that when the programme began, a reusable Ariane 6 was "not economically interesting."

ArianeGroup CEO: Reusable Ariane 6 “Not Economically Interesting”

ArianeGroup CEO Martin Sion said on French public radio that unlike SpaceX with its Falcon 9 rocket, a reusable Ariane 6 was "not economically...
FAST has secured a €500k investment to begin development of the carrier aircraft for its HyperDart launch system.

Italian Startup FAST Secures €500K for Air-Launched HyperDart Rocket

FAST Aerospace has secured a €500,000 "Proof of Concept investment" to begin the development of a prototype of the ramjet engine that will power...
PLD Space has secured a €31.2 million syndicated loan to support the continued development of its Miura 5 rocket.

PLD Space Secure €31.2M Loan for Miura 5 Development

Spanish launch company PLD Space has secured a €31.2 million bank loan to continue the development of its Miura 5 rocket and to support...
An agreement on how to manage Vega C flights after Avio splits from Arianespace may offer competitors an opportunity to poach customers.

Could Avio’s Finalized Split from Arianespace Offer an Opening for Competitors?

European Space Agency member states have agreed on the details of how customers already booked to be launched aboard Vega C flights will be...
The Swedish Space Corporation has been tapped by ispace-U.S. to provide ground services for its upcoming Missions 3 flight.

Sweden’s SSC Tapped to Provide Ground Support for US Lunar Lander

The Swedish Space Cooperation (SSC) has signed a collaboration agreement with the US arm of the Japanese space company ispace to provide ground services...
Latitude has been awarded €15 million in new France 2030 to continue the development of its two-stage Zephyr rocket.

Latitude Awarded €15M in New France 2030 Funding

French rocket builder Latitude has been awarded €15 million by the French government to fund two development projects. Latitude is developing a two-stage rocket called...
The European Space Agency has been asked to step in and mediate negotiations to finalize Avio’s split from Arianespace.

ESA Asked to Mediate Avio’s Split from Arianespace

The European Space Agency has been asked to mediate the ongoing negotiations to transfer the operational responsibility of Vega C from Arianespace to its...
With its Series C extension secured, German rocket builder Isar Aerospace has now raised over €400 in funding.

Isar Aerospace Extends Series C Funding Round to €220M

German rocket builder Isar Aerospace has announced that it has extended its Series C funding round by more than €65 million, bringing its total...
Orbex has received €3 million in funding from Innovation Fund Denmark to Establish a "Green Propulsion Excellence Centre”

Orbex Receives €3M to Establish “Green Propulsion Excellence Centre”

UK-based launch provider Orbex has been awarded DKK 23.7 million (€3.08 million) in funding from Innovation Fund Denmark to establish a "Green Propulsion Excellence...
French space tug startup OsmosX has secured more than €2 million in new funding to finance the development of its demo mission.

Mysterious French Space Tug Startup OsmosX Secures €2M+ in Funding

French startup OsmosX has secured more than €2 million in new funding to continue the development of its multi-use space tug. The funding round was...
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