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Historic space flight only part of the high-tech story | Business| Economy and finance news from a German perspective | DW

Historic space flight only part of the high-tech story | Business| Economy and finance news from a German perspective | DW
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Marco fuchsRichard bransonமார்கோ ஃப்யூக்ஸ்ரிச்சர்ட் பிரான்சன்

Portugal to produce space launcher systems - World News

2021-04-26 15:35:46 GMT2021-04-26 23:35:46(Beijing Time) Xinhua English LISBON, April 26 (Xinhua) A joint venture formed by the German Rocket Factory Augsburg AG (RFA) and the Portuguese Engineering and Development Center (CEiiA) will develop and produce space launcher systems in Portugal, according to a joint press release of RFA, CEiiA and the AICEP Portugal Global, a government trade and investment agency, on Monday. The project, with a total investment of 9 million euros (10.9 million U.S. dollars) over three years, includes the production of primary structures for micro launchers, as well as support structures for the propulsion system. According to Portuguese Minister of Science, Technology and Higher Education Manuel Heitor, the initiative opens a new phase in the Portuguese strategy for space.

Marco fuchsManuel heitorDevelopment center ceiiEuropean unionGerman rocket factory augsburgPortuguese engineeringDevelopment centerPortuguese ministerHigher education manuel heitorDigital transition pedro siza vieiraமார்கோ ஃப்யூக்ஸ்மானுவல் ஹெய்தோர்ஐரோப்பிய தொழிற்சங்கம்போர்சுகீஸ் பொறியியல்வளர்ச்சி மையம்போர்சுகீஸ் அமைச்சர்

German Microlauncher start-up Rocket Factory announces unrivalled low price of EUR 3 million per rocket launch

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.

Marco fuchsStefan brieschenkHans steiningerThomas huberCapital market dayPrime standardRocket factoryApollo capital partnersDeputy chairmanSupervisory boardBoard memberChief operations officerChief commercial officerNew spaceRocket factory augsburg agமார்கோ ஃப்யூக்ஸ்