German aerospace and satellite manufacturer OHB has priced a previously announced share offering aimed at raising up to €510.7 million ($585.8 million) to support expansion plans across its space and technology businesses.
The company said it will issue up to 1.7 million new shares at a subscription price of €300 per share as part of the capital increase.
The fundraising comes as European space companies seek to capitalize on growing investor interest in the sector and increasing demand for satellite, launch, and space infrastructure capabilities.
Capital Raise Details
The offer price represents a discount to OHB’s previous market closing price.
According to the company, major shareholders, including the Fuchs family and KKR-backed Orchid Lux HoldCo, have agreed to waive their subscription rights, making the majority of the newly issued shares available through a private placement.
The transaction is also expected to increase the company’s free float by expanding the number of publicly traded shares.
Shareholder Structure
OHB said the Fuchs family will remain the company’s majority shareholder following the transaction, retaining a stake of more than 60%.
Meanwhile, Orchid Lux HoldCo plans to sell up to 1.23 million existing shares in connection with the offering while continuing to hold a significant ownership position in the company.
Expansion and Investment Plans
The company intends to use proceeds from the offering to support several strategic priorities.
These include investments in manufacturing facilities, expansion of production capabilities, acquisitions and partnerships across Europe, development of launch vehicle technologies, and funding for future projects.
OHB also said a portion of the proceeds will be allocated to general corporate purposes.
Growing European Space Market
The capital raise reflects increasing investment activity across the European space sector as governments and commercial operators expand spending on satellites, launch systems, Earth observation, communications, and defense-related space infrastructure.
OHB is one of Europe’s largest space technology companies, supplying satellites and aerospace systems for commercial, scientific, and government missions.
The company said the additional capital will help strengthen its position in the evolving space market while supporting long-term growth opportunities across Europe and international markets.
