News

Swiss startup Pave Space has raised $40 million to develop an orbital transfer vehicle that could move satellites from low Earth orbit (LEO) to their final destinations in hours instead of months.

The EU Agency for the Space Programme (EUSPA) and the European Insurance and Occupational Pensions Authority (EIOPA) published today a joint white paper exploring how Earth Observation (EO) data could be harnessed to enhance the supervision of natural catastrophes and assess the impact of extreme weather events on Europe’s insurance sector.

This partnership signals Cyprus’s transition from its previous role as a European Cooperating State to a more integrated position within ESA, allowing it to actively contribute to and benefit from Europe’s expanding space initiatives.

The European Defence Agency (EDA) has signed a €15.65m research contract to develop a concept for a military satellite in very low earth orbit. Seven companies and a research centre based in Luxembourg are participating in the industrial consortium of 17 entities and five countries in charge of this European programme.

While it’s true that investors are eager to get in on the ground floor of the next big thing, they also need assurance that they are making the right choice. When it comes to investing in the space industry, the terminology used to describe an opportunity can make or break a deal.

Hungary’s space research and space industry were showcased to strong international interest at the Space‑Comm Expo Europe in London, where the Hungarian stand became one of the conference’s most visited exhibition areas.

Both PROBA-3 spacecraft were launched aboard an ISRO PSLV-XL rocket in December 2024. The mission’s Coronagraph and Occulter spacecraft work in tandem, flying in precise formation to create and observe an artificial solar eclipse in orbit, enabling observations of the Sun’s outer corona.

PLD Space, an Elche-based space transportation scale-up, has closed a €180 million Series C equity funding round to support its transition to commercial operations and the scaling of its industrial and launch capabilities.

Hungary will be represented by a distinguished professional delegation on 4–5 March at Europe’s most significant space technology exhibition and conference, Space-Comm Expo in London. The HUNOR Programme delegation includes research astronaut Tibor Kapu and trained research astronaut Gyula Cserényi.

The European Space Agency and GSMA have unveiled a new partnership that aims to boost Europe's 6G and AI capabilities.

In a world that feels increasingly unpredictable, secure satellite communications have become essential. They are no longer just technical tools in the background, but a core part of how Europe keeps people safe. From coordinating emergency response and civil protection to supporting military missions and managing borders, EU Member States need reliable and uninterrupted connections to act quickly and effectively. For the European Union, secure communications are not just practical, they are a matter of sovereignty.

Last chance to join Europe’s most powerful space-tech growth programme – applications for CASSINI Business Accelerator close 6 March. Secure €75,000 in equity-free funding, hands-on guidance from world-class sales experts, and direct access to top-tier growth investors.