Latest news with #EldridgeIndustries
Yahoo
25-06-2025
- Business
- Yahoo
German space startup Isar Aerospace secures 150 million euro fund
(Reuters) -German space startup Isar Aerospace obtained 150 million euros ($173 million) in funding from an American investment company, it said on Wednesday. The company, which specializes in satellite launch services, signed an agreement for a convertible bond with Eldridge Industries, it said. The investment will be used to expand its launch service offerings, it added. "We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access to space," Daniel Metzler, CEO of the company, said in a statement. Isar Aerospace's first test launch in March failed after its Spectrum rocket crashed shortly after takeoff, but was still celebrated as a success by the industry and authorities. The company is pushing forward efforts to strengthen Europe's position in the aerospace sector, competing with firms such as Elon Musk's SpaceX. ($1 = 0.8625 euros)
Reuters
25-06-2025
- Business
- Reuters
German space startup Isar Aerospace secures 150 million euro fund
June 25 (Reuters) - German space startup Isar Aerospace obtained 150 million euros ($173 million) in funding from an American investment company, it said on Wednesday. The company, which specializes in satellite launch services, signed an agreement for a convertible bond with Eldridge Industries, it said. The investment will be used to expand its launch service offerings, it added. "We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access to space," Daniel Metzler, CEO of the company, said in a statement. Isar Aerospace's first test launch in March failed after its Spectrum rocket crashed shortly after takeoff, but was still celebrated as a success by the industry and authorities. The company is pushing forward efforts to strengthen Europe's position in the aerospace sector, competing with firms such as Elon Musk's SpaceX. ($1 = 0.8625 euros)
Forbes
16-06-2025
- Business
- Forbes
2025 Forbes Iconoclast Summit: Seizing Opportunities in a Dynamic Market
| Jun 16, 2025, 04:52PM EDT Forbes Editor-At-Large and Iconoclast Founder Maneet Ahuja is joined by Eldridge Industries Cofounder, Chairman & CEO Todd Boehly at the 2025 Forbes Iconoclast Summit in New York City.
Straits Times
25-05-2025
- Business
- Straits Times
Dealmaker in blue: Chelsea co-owner Todd Boehly's 100-plus ventures span Dodgers to Golden Globes
Todd Boehly is the co-founder and CEO of Eldridge Industries, an $80 billion holdings company that has stakes in the likes of famous sports & entertainment names like the Golden Globes, A24, Chelsea F.C. and the LA Dodgers. Todd Boehly has a hard, penetrating stare and doesn't smile much. It's not that the American billionaire is unfriendly. In fact, when I replay the audio recording of the interview, I'm struck by how warm, pleasant and candid he sounds. Join ST's WhatsApp Channel and get the latest news and must-reads.
Bloomberg
20-05-2025
- Business
- Bloomberg
Todd Boehly at QEF 2025
Todd L. Boehly, Co-Founder, Chairman & CEO, Eldridge Industries speaks with Blomberg's Francine Lacqua at the 2025 Qatar Economic Forum, Powered by Bloomberg. (Source: Bloomberg)
