OHB SE launches €510.7M capital increase to fund space expansion
What's the deal? German space and technology group OHBDealroom has a profile for this one. Try Dealroom → SE announced a capital increase of up to €510.7 million on June 22, 2026.
It will issue 1,702,480 new shares across two tranches, priced at €300 each.
The first tranche, 94.3% of the new shares, targets international investors through a private placement and accelerated bookbuilding. The second lets remaining shareholders subscribe during a set period.
Why now? OHB wants to fund production investments, mergers and acquisitions, and new projects.
The raise comes as Europe pushes to expand its own space capabilities and reduce reliance on outside players.
What could go wrong? Large shareholders, including Orchid Lux HoldCo S.à r.l., have waived their subscription rights, leaving the raise dependent on demand from new investors.
A private placement of this size also hinges on a successful bookbuilding process, which can falter in volatile markets.
The signal: By retaining the new shares as a private placement aimed largely at international investors — 94.3% of the issue — OHB is broadening its capital base while the founding Fuchs family keeps its majority stake intact, a structure that signals confidence in the company's trajectory as Europe races to build out its own space capabilities.
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