VW: New Million Investment! Porsche SE Enters Space Business
8 Articles
8 Articles
The Porsche SE joins Stoke Space. The US start-up is working on completely reusable missiles and wants to make start-ups more frequent and cheaper.
Stuttgart-based Porsche SE invests a double-digit million in an American space company. This is the second time that the holding company of VW's owner families has taken part in a promising rocket start-up.
Here you can find information on the topic "Company pursues approach like Musk". Read now "VW-major shareholder Porsche SE buys from rocket company.
Porsche Automobile Holding SE made its second investment in the space sector, with a contribution of just over $10 million to acquire a stake in Stoke Space, manufacturer of reusable rockets. Exclusive material for subscribers. To have full access, access the material link and register.
Porsche SE invests a low double-digit million in the US space launch Stoke Space. Chief Hans Dieter Pötsch relies on its reusable rocket – and more competition for SpaceX.
Business isn't going very well on Earth. Now VW's major shareholder Porsche SE is buying in from another space company.
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