Tag: Advanced Manufacturing
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Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
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Venturi Space Raises Toulouse Facility Investment to €250 Million
Venturi Space has increased its planned investment in a new manufacturing and technology facility in Toulouse, France, to €250 million, up from the €100 million originally announced earlier this year. The Monaco-based space technology company said the expanded investment will support the development and production of technologies for lunar and Martian mobility systems, including rover…
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Blue Origin to Expand Florida Rocket Campus With $600 Million Investment
Blue Origin will invest $600 million to expand its Rocket Park campus at Cape Canaveral Spaceport, a project expected to create 500 aerospace jobs on Florida’s Space Coast, according to an announcement by Ron DeSantis. The expansion includes plans for an approximately 830,000-square-foot upper-stage manufacturing facility intended to increase the company’s rocket production and orbital…