Tag: OHB
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OHB Targets Up to €510 Million Capital Raise to Expand Space Manufacturing
German space technology company OHB is seeking to raise up to €510.7 million through a share offering to support the expansion of its manufacturing capacity and fund investments in launch systems, acquisitions and future space projects. The company said it plans to issue approximately 1.7 million new shares priced at €300 each, with proceeds primarily…
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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…
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A frontrunner in Europe’s private launch industry just lost its first rocket
The first stage of Rocket Factory Augsburg’s first orbital launcher was destroyed in a fireball during a test-firing Monday evening at a spaceport in Scotland, the company said. The German launch startup aimed to send its first rocket into space later this year and appeared to be running ahead of several competitors in Europe’s commercial…
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Blue Origin works on Blue Moon lunar trip with Germany’s OHB and MT Aerospace
An artist’s conception shows Blue Origin’s Blue Moon lander on the lunar surface. (Blue Origin Illustration) Amazon billionaire Jeff Bezos’ space venture, Blue Origin, has signed a letter of intent to cooperate with Germany’s OHB Group and MT Aerospace on a future mission to the moon that’ll use Blue Origin’s Blue Moon lunar lander. The…
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German-British consortium wins deal to build eight more Galileo satellites
Artist’s illustration of Galileo navigation satellites in orbit. Credit: OHB Eight more satellites for Europe’s Galileo navigation fleet will be built by Germany’s OHB System AG and Britain’s Surrey Satellite Technology Ltd. under a contract worth more than $350 million. The European Space Agency and the European Commission selected the same German-British industrial team that…
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Photos: Commercial telecom satellite mounted for launch on Soyuz rocket
A new satellite design will debut with Friday’s launch of a Russian-built Soyuz rocket from French Guiana on a commercial mission to relay video, data and voice messages between the Americas and Europe. These photos show the Hispasat 36W-1 communications satellite being transferred Jan. 24 from a preparation facility to the Soyuz launch pad at…
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European engineers studying string of clock failures on Galileo navigation satellites
Artist’s concept of a Galileo satellite. Credit: OHB A wave of clock failures on Europe’s Galileo navigation satellites has not knocked any of the craft offline, but officials want to better understand the problem before launching more satellites into the fleet. Five of the 18 Galileo navigation craft currently in orbit have encountered clock anomalies,…
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Photos: Soyuz dashes away from French Guiana launch pad
A Russian Soyuz rocket topped with two European Galileo navigation satellites soared into orbit before dawn Tuesday, vaulting through low clouds hanging over its jungle launch base in French Guiana. The 46-meter (151-foot-tall) rocket lifted off at 5:48 a.m. French Guiana time (0848 GMT; 4:48 a.m. EDT), adding the 13th and 14th satellites to Europe’s…
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Soyuz launch adds two more satellites to Galileo navigation fleet
A Soyuz rocket blasted off at 0848 GMT (4:48 a.m. EDT; 5:48 a.m. French Guiana time) Tuesday from the European-run spaceport in French Guiana. Credit: ESA/CNES/Arianespace – Photo Optique Video du CSG – P. Piron Two more Galileo satellites successfully catapulted into space from the French Guiana jungle aboard a Soyuz rocket Tuesday, putting Europe’s…
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Timeline for Soyuz launch 13th and 14th Galileo satellites
Follow the key events of the Soyuz rocket’s ascent into orbit from the Guiana Space Center with two satellites for Europe’s Galileo navigation system. A listing of exact times for the flight’s major events is posted below. Data source: Arianespace T-0:00:03: Engines at Full Thrust The five main engines of the Soyuz rocket’s core stage…