Tag Archives: European space industry

Siemens Joins ESA Initiative to Accelerate Growth and Commercialisation of European Space Startups

(IN BRIEF) Siemens has partnered with the European Space Agency by joining its EPIC program to support space startups emerging from ESA’s Business Incubation Centres. The collaboration will provide startups with access to Siemens Xcelerator software, digital twin capabilities, and … Read the full press release

OQ Technology Secures €25 Million EIB Financing to Expand European Low Earth Orbit Satellite Connectivity Network

(IN BRIEF) OQ Technology has secured €25 million in venture debt financing from the European Investment Bank under the InvestEU programme to expand its low-earth-orbit satellite communications technology. The funding will support research and development as well as the deployment … Read the full press release

New European Space Giant to Emerge from Airbus, Leonardo, and Thales Partnership by 2027

(IN BRIEF) Airbus, Leonardo, and Thales have signed a Memorandum of Understanding to merge their space-related activities into a new European space company designed to strengthen the continent’s industrial and strategic autonomy. The new entity, expected to launch in 2027 … Read the full press release