UK-headquartered satellite startup Open Cosmos plans European rival to Starlink

An Oxford-headquartered spacetech startup says it’s gearing up to manufacture up to 200 satellites a year, as it looks to offer European governments and businesses an alternative communication channel…

British Business Bank invests £25M in Kraken Technologies

The UK government-backed British Business Bank (BBB) is taking a £25m stake in Kraken Technologies, the software entity being spun out of Octopus Energy, marking the bank’s biggest ever direct investm…