Titan OS, the Barcelona-based technology, entertainment and advertising company, has raised €50 million in Series A funding, led by Highland Europe, with participation from Mangrove Capital Partners and other investors. Founded in 2023 by Jacinto Roca – previously founder of Wuaki.tv, acquired by Rakuten – and his co-founders Timothy Edwards, Miquel Barba and Tobias Pfalzgraff, […]

Even though some programme approvals are still pending, the European Space Agency (ESA) wrapped up its two day Ministerial meeting in Bremen, Germany, by announcing it had received commitments from its 27 member states which total €22.1 billion for the next three years. The sum is the largest-ever with the ESA noting: “Confirmed support for […]

Eutelsat has announced the launch of a €670 million rights issue as part of its €1.5 billion capital raise to reinforce its financial structure and fund strategic ambitions. The announcement was expected, but there were also some extra details: · Subscription price: €1.35 per new share · Subscription ratio: 8 new shares for 11 existing […]

The Public Accounts Committee of the UK House of Commons has warned that if the collection and enforcement of the licence fee is not modernised, the BBC risks compliant fee payers questioning the fairness of the system. In a new report on the BBC’s accounts, the Public Accounts Committee (PAC) warns that the broadcaster’s mission […]

Toulouse-based Infinite Orbits, which recently struck a deal with Luxembourg-based satellite operator SES to build an in-orbit servicing satellite, has raised €40 million in fresh funding. The European Innovation Council Fund, Matterwave Ventures, Wind Capital, Balnord, IRDI Capital Investissement, and Newfund Capital participated in the cash-raising round and endorsing Infinite Orbits’ ability to secure a […]

Luma AI, the AI company building multimodal AGI, has raised $900 million (€780.7m) in Series C funding, led by Humain, a PIF company delivering global full-stack AI solutions, with significant participation from AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners and Matrix Partners. The company’s mission is to build multimodal general intelligence: AI that […]

The cash-raising move, of €828 million, was not unexpected having been agreed by shareholders at Eutelsat’s September 30th AGM. Indeed, a further €672 million has already been pre-agreed with shareholders and both as part of strengthening the operator’s capital. The French State will subscribe for €551 million, Bharti Space Limited for €30 million, the UK […]

In 2026, French PSB Group France Télévisions will have to make savings of around €150 million according to president Delphine Ernotte Cunci, speaking to business daily Les Échos, as the French government is debating 2026 funding legislation with the National Assembly. “We must eliminate the 2025 deficit and absorb the reduction in public funding projected […]

The European Broadcasting Union (EBU) and eight media freedom organisations and networks – the European Federation of Journalists (EFJ), the European Centre for Press and Media Freedom (ECPMF), the South East Europe Media Organisation (SEEMO), the International Press Institute (IPI), the Reporters without Borders (RsF), the Association of European Journalists (AEJ) and the SafeJournalists Network […]

The EBU has issued a letter to the Polish government urging it to ensure “adequate and sustainable funding” for Poland’s public service media (PSM), following reports of a proposed PLN2.5 billion (€0.59) of public funding for PSM from the state budget per year within the reform of media law – more than 30 per cent […]