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Business

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

    Trade unions in France and Italy have given mixed reactions to the proposed merger of Airbus, Thales, and Leonardo’s space businesses, citing concerns over potential job cuts.

    Unions’ Reactions Mixed to Airbus, Thales, and Leonardo Merger

    With the announcement that Airbus, Thales, and Leonardo have signed a memorandum of understanding to combine their space businesses into a single company, trade...
    Airbus, Thales, and Leonardo have signed a memorandum of understanding to merge their space businesses into a new company expected to begin operations in 2027.

    Airbus, Thales, and Leonardo Agree to Create European Space Behemoth

    European aerospace giants Airbus, Leonardo, and Thales have signed a memorandum of understanding to combine their respective space businesses into a single new company....
    Avio shareholders have approved a €400 million capital increase and granted its board the power to pursue a future raise without further shareholder approval.

    Avio Shareholders Approve €400M Capital Increase

    Avio shareholders approved a proposal to initiate a €400 million capital increase during an extraordinary shareholders' meeting on Thursday. The company’s board was also...
    Eutelsat’s LEO revenues surged 61% in Q1 2025–26 as its GEO and video segments declined, leaving overall revenue down 2.2% year-on-year.

    Eutelsat’s LEO Revenues Surge as its GEO Business Slows

    French satellite operator Eutelsat announced its first quarter 2025–26 financial results on 21 October, posting strong growth in its OneWeb low Earth orbit (LEO)...
    HyImpulse has secured €45 million in funding to develop its SL-1 rocket, with an inaugural flight expected in 2027.

    HyImpulse Promises to Save European Launch, 600 kg at a Time

    German rocket builder HyImpulse announced on 16 October that it had secured €45 million in new funding to continue developing its SL-1 rocket. The...
    Thales Alenia Space has inaugurated its €100 million satellite manufacturing facility in Rome, which was partially funded through Italy’s €190 billion National Recovery and Resilience Plan (PNRR).

    Thales Alenia Space Inaugurates New €100M Satellite Factory

    Thales Alenia Space officially inaugurated its new Space Smart Factory in Rome on 7 October, with operations expected to begin before the end of...
    ArianeGroup CEO Martin Sion has been appointed as the next head of French train maker Alstom, as the rocket builder ramps up production of Ariane 6.

    ArianeGroup CEO Poached by French Train Maker

    Current ArianeGroup CEO Martin Sion has been named the new head of French train maker Alstom. He will officially take up the role in...
    SpaceForest Aims to Capture 70 Percent of European Demand for Suborbital Flights

    SpaceForest Aims to Capture 70% of European Demand for Suborbital Flights

    Polish rocket builder SpaceForest has set an ambitious goal of capturing up to 70% of the European demand for suborbital flights. SpaceForest conducted the first...
    In public filings published in July, French rocket builder MaiaSpace reported receiving €180 million in advance payments in 2024.

    MaiaSpace Received €180M in Advance Payments in 2024

    According to public filings submitted in July, MaiaSpace reported €180 million in advance payments in 2024, alongside a €45 million equity injection from its...
    Planet will open a new production facility in Berlin to build its next-generation Pelican satellites after securing a €240 million contract from the German government.

    Planet to Open Berlin Manufacturing Site Following €240M Contract

    US-based Earth observation data provider Planet has announced that it will open a new manufacturing facility in Germany, where it will produce its next-generation...
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