German Microlauncher start-up Rocket Factory announces unrivalled low price of EUR 3 million per rocket launch
Serial production enables cost leadership / Financing round to raise EUR 25 million
February 12, 2021 14:35 ET
| Source:
Rocket Factory Augsburg AG
Rocket Factory Augsburg AG
Augsburg, GERMANY
BREMEN, Germany and AUGSBURG, Germany, Feb. 12, 2021 (GLOBE NEWSWIRE) -- At the Capital Market Day of space technology group OHB SE (Prime Standard, ISIN DE0005936124), Augsburg-based start-up Rocket Factory announced that it will boost the growth of the microlauncher company with a financing round. The current shareholders of Rocket Factory are OHB SE, Apollo Capital Partners, other founders as well as the company's management, the employees and private investors. The aim of the financing round is to raise EUR 25 million in fresh capital.