StartupsVC/PE

Reflex Aerospace Raises €50M Series A

Reflex will use the capital to expand the manufacturing capacity at its facility in Bavaria, which will be able to churn out 60 to 70 highly complex satellites per year, according to CEO Walter Ballheimer.

EuropeMilitary

ESA Eyes 2028 with European Resilience from Space Program

ESA Director General Josef Aschbacher proposed a massive new project this week to bring together European defense capabilities in 2028. The European Resilience from Space program (ERS) would have a budget of €1B and focus on two major capabilities in orbit. 

CivilEurope

UK Space Agency Sees Budget Growth Under DSIT

this week we got our first indication of what the UK space industry can expect—at least, from a financial perspective—after announcing its joining the UK government’s Department of Science, Innovation, and Technology