Germany has allocated 400 million euros ($465 million) to build three spy satellites for the country’s Federal Intelligence Service (BND). If launched by the 2020s as is expected, the system, known as “Georg,” will be the first domestic space hardware launched for the intelligence service. Does this mean Germany is on its way to catch up to the U.S., Russia and China, which each have many more spy satellites orbiting the Earth?
Germany to Fund Development of Three New Spy Satellites
Open Cosmos Raises $346M to Expand Manufacturing and Government Services in Europe
European satellite manufacturer Open Cosmos raised 300 million euro (approximately $346 million) in a funding round led by European investors Lightrock, ETF Partners, Institut Català de Finances (ICF), Entrepreneurs First […]
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