OHB to Raise €510M to Boost Manufacturing Capacity and Invest in Rockets

Publicly listed German space technology company OHB has announced plans to raise up to €510.7 million by issuing approximately 1.7 million new shares. The company plans to use the proceeds primarily to bolster its production capacity. However, it will also fund planned acquisitions, investments in launch vehicles, and “future tangible projects.” In addition to its […] The post OHB to Raise €510M to Boost Manufacturing Capacity and Invest in Rockets appeared first on European Spaceflight.