Tag: Launch Technology
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California Startup Bets on Giant Ground Gun to Slash Space Launch Costs
Co-founders Mike Grace, the CEO, and Nato Saichek, the CTO, see an opportunity to repurpose a technology that has already proven its worth. Grace draws a comparison to SpaceX, which he says took “classically de-risked technology and scaled it aggressively.” Where SpaceX built on NASA rocket research, Grace says Longshot will build on multi-injection guns,…
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OHB Launches €510 Million Share Offering to Fund Expansion and Strategic Investments
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…