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New Management Takes Over Germany’s PTS GmbH After Restructuring

After a successful restructuring phase the management team of Planetary Transportation Systems (PTS) now takes full responsibility for the company. The PTS executives take over the Berlin New Space company with immediate effect as part of a management buyout from the Zeitfracht Group. Zeitfracht Group saved PTS from bankruptcy in …

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Luxembourg Buys Stake In Orbital Ventures Investment Capital Fund

During a meeting of a parliamentary committee, Étienne Schneider, Deputy Prime Minister and Minister of the Economy confirmed that the Government of Luxembourg, together with public and private sector partners, have invested a stake in Orbital Ventures, an investment fund focused on early stage companies engaged in space activities.

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