Business

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

Latitude has announced that it has expanded its factory floor space from 1,500 to 3,000 square metres as it prepares for the maiden flight of Zephyr.

Latitude Double Factory Floor Space

French launch startup Latitude has doubled its factory floor space in preparation for the first flight of its Zephyr launch vehicle. Latitude was founded in...
The European Space Agency has signed an agreement with Axiom Space to collaborate on various projects over the next three years.

ESA Sign Agreement with Axiom Space

The European Space Agency has signed a Memorandum of Understanding with Axiom Space to explore collaborations in the fields of human spaceflight, science, technology,...
Alba Orbital has announced that it has begun moving into its new 500 square metre PocketQube manufacturing facility.

Alba Orbital Move into new PocketQube Manufacturing Facility

Scottish satellite builder and mission management company Alba Orbital announced 2 October that it had begun the process of moving into a new manufacturing...
Italian launch startup Sidereus Space Dynamics has raised €5.1M in Seed+ funding to complete the pre-flight and initial flight testing of its EOS vehicle.

Italian Launch Startup Sidereus Space Raises €5.1M in Seed+ Funding

Italian launch startup Sidereus Space Dynamics has closed a €5.1 Million Seed+ investment round. The company aims to utilize the funding to conduct its...
ArianeGroup has made a €27 million investment into its microlauncher subsidiary MaiaSpace.

ArianeGroup Invests €27M More into MaiaSpace

As per public filings, ArianeGroup completed a €27 million investment into MaiaSpace on 27 June 2023. Filings indicate that MaiaSpace issued an additional 6.75...
French space debris removal startup Dark has partnered with Bordeaux Airport to establish the company’s Site B facility.

Space Debris Removal Startup Dark Partners with Bordeaux Airport

French space junk removal startup Dark has signed a partnership with Bordeaux Airport in preparation for the establishment of the company's “Site B” facility....
UARX has partnered with Sener to develop the GNC systems for the company’s OSSIE orbital transfer vehicle.

UARX Partners with Sener to Continue Development of OSSIE OTV

Spanish space transportation startup UARX Space has partnered with the multinational engineering and technology group Sener to assist with the development of the company's...
Spanish launch startup PLD Space has announced place you double its workforce by 2024 to support the development of MIURA 5.

PLD Space to Hire 150 New Employees by 2024

Spanish launch startup PLD Space has announced plans to hire 150 new employees by 2024 to support the development of MIURA 5. PLD Space...
Avio has reported revenues of €157.6M for the first half of 2023, an increase of 17% driven by covid recovery funds and defence contracts.

Avio Financials Boosted by EU Covid Recovery Funds and Missile Contracts

Avio has reported revenues of €157.6 million for the first half of 2023, an increase of 17.7% from the same period last year. The company...
Airbus and Voyager Space have announced an agreement to continue work on the commercial space station Starlab.

Airbus and Voyager Space Announce Commercial Space Station Partnership

US-based startup Voyager Space and Airbus Defence and Space have announced an agreement to develop, build, and operate Starlab, a commercial space station. The...

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