OHB SE Pursues Capital Increase to Fuel Expansion

OHB SE, a leader in Europe's independent space sector, has announced plans to raise new capital, aiming to accelerate growth. Approximately EUR 500 million in gross proceeds are anticipated, intended for production industrialization, strategic acquisitions, and investments in launch vehicles and innovative programs. The move comes amidst a record order backlog of EUR 3.4 billion, enhancing revenue visibility.

Existing shareholders will be offered subscription rights, although major shareholders, the Fuchs family and Orchid Lux HoldCo S.à r.l., will waive their rights. This enables a private placement of new and existing shares. KKR-related Orchid Lux HoldCo plans to sell part of its holdings but will remain a significant stakeholder.

OHB CEO Marco R. Fuchs emphasized the opportunity to grow in parallel with new investors as Europe strengthens its independent space capabilities. The company envisions leveraging the proceeds to bolster European space independence and infrastructure.