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Six bidders advance in Azores Airlines privatization process

Six prospective buyers have moved forward in the privatization of Azores Airlines, advancing a state-led process for the Portuguese carrier. The development signals continued interest in ownership changes and consolidation opportunities within Europe’s airline sector.

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Europe’s Iris² MEO layer and U.S. missile-warning networks advance through new satellite and ground-system contracts

SES will oversee construction and provide payloads for 18 MEO satellites in Europe’s secure Iris² constellation, while U.S. agencies advance contracts and infrastructure for missile-warning and tracking systems, including BAE Systems’ 10-spacecraft MEO Epoch 2 program and new resilient LEO ground entry points.

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Aerospacelab Reaches Profitability Ahead of $2.75 Billion Iris2 Contract

Belgian satellite manufacturer Aerospacelab returned to profitability early this year after reporting a €17.75 million loss on €14.6 million in 2025 sales. CEO Benoit Deper attributed the improvement to diverse component contracts and limited production of complete satellites, ahead of its potential role in the €2.5 billion Iris2 program.

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SpaceWatch Global

High activity

European Defence Fund backs €6 million EOBLINDING satellite counter-surveillance consortium

The European Defence Fund has backed EOBLINDING, a €6 million European consortium led by Integrasys to develop a system for tracking and temporarily disrupting Earth-observation satellites. The project adds a counter-surveillance capability to Europe’s growing focus on space-based security and defense technologies.

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