Augsburg, Germany, 12.02.2021 – Rocket Factory Augsburg AG, a Germany-based commercial launch service provider, is extending its contract in Boost! – ESA’s Commercial Space Transportation Services and Support program signed in November 2020. Rocket Factory activated a contract option with ESA for production and testing of the orbital stage demonstrator of its launch vehicle RFA ONE based on the great support of the Portuguese Space Agency, Portugal Space. Partners on the project are CEiiA, a Portuguese Engineering and Development Center, and RFA Portugal, a subsidiary of Rocket Factory. Back in November, Rocket Factory had already received support from ESA for the development of the first stage demonstrator.

“Extending our ESA Boost! Contract underlines our position at the forefront of commercialization of European space transportation,” said Jörn Spurmann, Chief Commercial Officer at RFA. “We are very happy that the Portuguese Space Agency enables this program and we are very proud to be a substantial part of the emerging Portuguese Space Industry.”

Within the scope of the contract option, Rocket Factory will be qualifying the orbital stage demonstrator for its launch vehicle. The activities under the scope of this project cover engineering analysis, manufacturing as well as testing of the orbital stage manufacturing demonstrator for a successful proof-of-concept and final qualification towards its respective industrialization roadmap milestones throughout 2021.

Stefan Brieschenk, Chief Operating Officer at RFA, added, “The orbital stage developed here will allow us to provide unmatched flexibility with respect to mission capabilities. We are excited to engage with our Portuguese development partner CEiiA on this project, to leverage their unrivalled track-record with respect to developing ultra-competitive composite products.”

“The Portuguese Space Agency welcomes and actively support the joint effort of RFA Portugal and CEiiA, to develop structural components of a new generation micro-launcher in Portugal. This marks an important next step in the effort to move Portugal up the added-value chain in the space sector. Through its activities, RFA Portugal and CEiiA will contribute to one of the key objectives advocated by Portugal Space: the democratisation of access and use of Space for the benefit of society and economy in the country and worldwide.

All these activitiescontribute to the creation of highly qualified jobs in an ultra-innovative sector, helping create critical mass, that will be fundamental to the economic recovery plan design for the country.”, stated Ricardo Conde, President of the Portuguese Space Agency, Portugal Space.

“The establishment of a strong partnership with RFA towards the development of a breakthrough orbital-stage for Europe’s most innovative micro-launcher is not only an outstanding opportunity for Portugal to be at the forefront on the development of complex space systems, but also a great challenge for CEiiA’s engineering team. We are excited to start the activities and certain that this collaboration will be of great success for all parties on-board.”, said Tiago Rebelo, Chief Technology Officer at CEiiA.

About ESA Boost

The “Boost! – ESA’s Commercial Space Transportation Services and Support” program co-funds and assists the pre-commercial development of new European space transportation services, providing flexible and tailored support to the needs of European operators pursuing privately-led developments for commercially viable new space transportation services. https://www.esa.int/boost

About RFA

Rocket Factory was founded in 2018 by Jörn Spurmann and Stefan Brieschenk, investor Hans Steininger and German satellite company OHB SE. The goal of the start-up is to develop a launch vehicle prototype by the end of 2022, which will lift satellites into low-Earth orbit on a weekly basis at unrivalled prices. Rocket Factory aims for exponential growth in the booming New Space market. The start-up’s goal is to combine highest system performances with ultra-low cost manufacturing and design principles. Rocket Factory will deliver satellites precisely into orbit with a unique orbital transfer vehicle, thinking space transportation from the satellite and customer point of view. The launcher will offer an end-to-end solution with its last mile delivery service. The launch vehicle combines three key competitive advantages: ultra-low-cost architecture, precise in-orbit delivery and superior propulsion technology. The start-up has established itself in Augsburg and currently has a team of 85 (as of February 2021) New Space veterans from 25 different nationalities, with a demonstrated track-record established in international launch vehicle development projects. www.rfa.space

About CEiiA

CEiiA is a Centre of Engineering and Product Development focused on fostering sustainability and quality of life, while addressing complex challenges across the board and working in high-tech sectors such as, automotive and mobility, aeronautics, ocean and space. CEiiA’s vision is to establish Portugal as a reference within these high-tech industries, contributing to a more sustainable society, and developing technologies, products and systems conceived, industrialized and operated from Portugal. CEiiA operates in the global market, having a subsidiary in Brazil and engineering teams deployed in the United Kingdom, Switzerland, France and Italy. Currently, CEiiA has a team of +300 Researchers and Engineers presently involved in Development & Engineering activities with integrated product and process development methodologies, based upon full capabilities for product development including concept, design, research, engineering, prototyping and testing of materials and full-scale structures. www.ceiia.com

Press Contact:

Email: ibrahim.ata@rfa.space

Tel.: +49 821 999576-21

Rocket Factory Augsburg AG

Berliner Allee 65 D-86153 Augsburg

Chairman of Supervisory Board: Jean-Jacques Dordain Executive Board: Stefan Brieschenk, Jörn Spurmann

Headquarter: Augsburg Place of jurisdiction: AG Augsburg, HRB 34251 Tax-ID: DE319402838

Bremen, Augsburg, Germany – February 12, 2021 –

At the Capital Market Day of space technology group OHB SE (Prime Standard, ISIN DE0005936124), Augsburg-based start-up Rocket Factory announced that it will boost the growth of the microlauncher company with a financing round. The current shareholders of Rocket Factory are OHB SE, Apollo Capital Partners, other founders as well as the company’s management, the employees and private investors. The aim of the financing round is to raise EUR 25 million in fresh capital.

Rocket Factory develops microlaunchers for the cost-effective transport of small satellites into low-Earth orbits. The start-up is determined to grow strongly in the next few years and quickly conquer market shares: “We want to build the best and cheapest rockets and microlaunchers. With freight costs of EUR 3 million per launch, we will be able to offer by far the cheapest launch service in the world,” said Hans Steininger, Deputy Chairman of the Supervisory Board and founding investor of Rocket Factory and owner of Apollo Capital Partners, Munich.

In the meantime, the start-up has begun building prototypes of its engine. Small and inexpensive launch vehicles play a key role in the commercial use of space by private service providers. “New Space” is opening up a billion-dollar market that is attracting more and more investors. Venture capital funds worldwide invested a record $15.7 billion in 252 space companies in 2020, of which $9.4 billion went to US companies*.

Marco Fuchs, CEO of OHB SE, said: “We do not want to leave this lucrative market to US companies. That is why we have set up the Rocket Factory with two young space enthusiasts and given the new company a major boost in the form of expertise and capital. We will be able to maximise the cost advantages of series production because we will be building rockets just like cars. Due to the very high demand for investment opportunities in this promising market, we are now opening up the possibility for further selected investors to participate in the growth of the Rocket Factory.”

Rocket Factory’s launcher combines three significant competitive advantages: Unbeatable pricing, precise in-orbit delivery through a novel orbital stage and superior engine technology.

“With the staged combustion technology, we are a technological trendsetter because it is more powerful, more efficient and cleaner than most launch vehicles currently on the market,” said Dr. Stefan Brieschenk, Board Member and Chief Operations Officer at Rocket Factory.

Jörn Spurmann, Board Member and Chief Commercial Officer at Rocket Factory, added: “We offer a delivery service for the last mile. Unlike many others, we deliver satellites to different orbits with pinpoint accuracy using our unique orbital stage. This creates cost advantages. And because we also produce at the lowest cost, we create unrivalled value for money.”

*Source: Space Investment Quarterly Q4/2020 by Space Capital

About RFA

Rocket Factory was founded in 2018 by Jörn Spurmann and Stefan Brieschenk, investor Hans Steininger
and German satellite company OHB SE. The goal of the start-up is to develop a launch vehicle prototype
by the end of 2022, which will lift satellites into low-Earth orbit on a weekly basis at unrivalled prices.
Rocket Factory aims for exponential growth in the booming New Space market. The start-up’s goal is
to combine highest system performances with ultra-low cost manufacturing and design principles.
Rocket Factory will deliver satellites precisely into orbit with a unique orbital transfer vehicle, thinking
space transportation from the satellite and customer point of view. The launcher will offer an end-toend
solution with its last mile delivery service. The launch vehicle combines three key competitive
advantages: ultra-low-cost architecture, precise in-orbit delivery and superior propulsion technology.
The start-up has established itself in Augsburg and currently has a team of 85 (as of February 2021)
New Space veterans from 25 different nationalities, with a demonstrated track-record established in
international launch vehicle development projects.

For more information, visit: www.rfa.space