spacetoday.net: OHB raising money in stock sale

Posted: Sat, Jun 27, 2026, 11:07 AM ET (1507 GMT)
OHB is raising about half a billion euros in a stock sale to fund expansion and potential acquisitions. The company announced this week it would sell shares to raise 490.2 million euros ($557.6 million) after expenses. The stock sale will increase the number of shares available on the public markets; previously, nearly all the shares were owned by the Fuchs family that founded the company and private equity firm KKR. OHB said the capital raised from the sale would allow it to capitalize on growing opportunities, particularly on civil and defense space activities in Europe. The funds will also help Rocket Factory Augsburg, a launch startup that OHB owns 65% of, as it prepares for its first launch later this year and development of upgraded vehicles.