German Satellite Maker OHB Seeks €500 Million to Fuel Growth
AI Summary
German satellite manufacturer OHB SE has initiated a stock offering to raise €500 million. The capital raised will support the company’s growth, contribution to European space and defense programs, and increase its free float.
German satellite maker OHB SE is kicking off a stock offering to help it contribute to Europe’s space and defense programs as well as increase its free float.