Accell, owned by KKR, wants to restore confidence in Babboe cargo bikes

Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Bicycle manufacturer Accell Group, owned by KKR, is hoping to revive its cargo bike brand Babboe after a quality scandal led to the recall of 22,000 unsafe bikes and a criminal investigation by Dutch authorities. The … Read more

Europe is trying to emulate NASA’s revolutionary commercial cargo program

Enlarge / A rendering of the European cargo return vehicle proposed by Thales Alenia Space. Thales Alecia Space The European Space Agency has awarded initial contracts to a Germany-based startup and one of the continent’s established aerospace companies to develop spacecraft that can carry cargo to and from space stations in low Earth orbit. ESA … Read more

ESA signs contracts for return of cargo in commercial space

ISS seen from Space Shuttle Atlantis following undocking

Science and exploration 22/05/2024 2539 views 11 holds ESA has signed two contracts with European industry to develop a commercial service capable of transporting cargo to and from the International Space Station in low Earth orbit by 2030. The selected companies will be asked to demonstrate their cargo service to the International Space Station ideally … Read more

ESA selects Thales Alenia Space and The Exploration Company for the commercial cargo programme

WASHINGTON – The European Space Agency has selected one of the continent’s largest space companies and one of its best-funded startups for study contracts that could lead to commercial cargo and crew vehicles. ESA announced on May 22 that it has awarded contracts worth around 25 million euros ($27 million) each to Thales Alenia Space … Read more