Business

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

UK-based satellite antenna manufacturer Oxford Space Systems has raised £3 million to fund high-growth product opportunities.

Oxford Space Systems Secures £3M in Additional Funding

UK-based deployable antenna manufacturer Oxford Space Systems has raised £3 million in funding that will be used to support the company's growth. While Oxford Space...
UK-based Blue Abyss has completed the purchase of land in Ohio to build a facility that it hopes will be used for astronaut training.

UK-Based Blue Abyss to Build Astronaut Training Facility in Ohio

Blue Abyss has announced that it has completed the purchase of 12 acres of land in Brook Park, Ohio, that will be used to...
Italian space logistics company D-Orbit announced that it closed a €100 million Series C funding round to expand its offering.

Italian Space Logistics Company D-Orbit Closes €100M Funding Round

Following a successful 2023 that saw it launch six missions, Italian space logistics company D-Orbit has announced that it has closed a €100 million...
ArianeGroup’s investment in MaiaSpace will increase from approximately €40M to €125M as the company pursues a 2025 maiden launch.

ArianeGroup to Increase MaiaSpace Investment to €125M

ArianeGroup has committed to increasing its investment in the company's launch startup subsidiary, MaiaSpace, from approximately €40 million to €125 million. MaiaSpace was founded in...
SaxaVord Spaceport has raised an additional £2.25 million in funding and has begun paying contractors who left the site in July over outstanding bills.

Progress Made at SaxaVord, but Questions Remain

Last month, the UK’s Civil Aviation Authority awarded a spaceport licence to SaxaVord, granting it permission to perform 30 launches per year from Unst,...
SUAS Aerospace aims to build a launch facility in Ireland to support suborbital and orbital launches from 2025.

SUAS Aerospace Aims to Launch Orbital Flights from Ireland

Irish startup SUAS Aerospace was founded in 2022 with the aim of building a launch facility in Ireland capable of supporting both suborbital and...
ESA will not open an investigation into how Avio lost and then destroyed a pair of tanks for the final Vega flight in 2024.

ESA Will Not Open an Investigation into How Vega Tanks Went Missing

The European Space Agency has told European Spaceflight that it does not intend to open an independent inquiry into how a pair of propellant...
HyImpulse and Orbex have received £6.7 million in UK Space Agency funding to prepare for the maiden flights of their respective launch vehicles.

HyImpulse and Orbex Received £6.7M in UK Space Agency Funding

The UK Space Agency has awarded £6.7 million in funding to Orbex and HyImpulse to "help cement the UK's position as Europe's leading destination...
ArianeGroup CEO suggests that the company may not have "understood the reality of the situation" when it promised a 2020 Ariane 6 debut.

ArianeGroup CEO Finally Says Quiet Part Out Loud

ArianeGroup CEO Martin Sion has suggested that the company may not have "understood the reality of the situation" when it promised to debut Ariane...
Beyond Gravity has unveiled a fairing design concept that would remain attached to a first stage to be recovered and reused.

Beyond Gravity Unveils Reusable Fairing Concept

Zurich-based Beyond Gravity has announced a reusable fairing concept that would be recovered along with the first stage of a rocket. Traditional fairings are created...
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