German space tech group OBH to issue new shares to boost investment

NAMPA / DPA

2026-06-15

Bremen, Germany (dpa) - German space technology firm OHB plans to issue new shares to raise around ?500 million ($580 million) before taxes, the company said on Monday. OHB said it plans to invest the net proceeds from the capital increase in the industrialization of production, as well as in launch vehicles and future projects. "Europe is investing heavily in independent space capabilities, and we have been at the heart of this development for......

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