Business

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

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...
Public financial filings for 2022 show that MaiaSpace reported €3,49 million in expenses during its first year of operation.

MaiaSpace Reports Expenses of €3.49M in its First Year of Operation

In public filings submitted on 9 June, MaiaSpace reported total expenses of €3.49 million for its first year of operation ending 31 December 2022. The...
Thermal data startup constellar has secured additional funding that it plans to utilize to extend its market reach into the United States.

Thermal Data Startup Constellr Extends Seed Round to €17M

Thermal data startup constellr announced July 24 that it has secured additional funding extending its seed round to €17 million. Founded in 2020, constellr...
ATMOS Space Cargo has raised €4 million in seed funding to develop a capsule to return cargo from space.

ATMOS Space Cargo Raises €4M to Return Cargo from Space

ATMOS Space Cargo has announced the closure of an oversubscribed seed round that saw the company raise €4 million. Founded in 2021, ATMOS is...
ArianeGroup has renamed its GEOTracker space surveillance service to better reflect the the service's expanded capabilities.

ArianeGroup Renames its GEOTracker Space Surveillance Service

ArianeGroup announced June 6 that it had renamed its GEOTracker space surveillance service to Helix. With the new name, the company has also rolled...
ESA awards future launch system study contracts to ArianeGroup, Avio, SENER, and The Exploration Company.

ESA Awards Contracts to Define Future European Launch Systems

The European Space Agency awarded four contracts to industrial partners on 29 May to study solutions for future European expendable and reusable launch systems...

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