08 September 2018
Irish company OCE Technology has secured investment of €200,000 from Chinese stockmarket-listed Zhuhai Orbita Aerospace Science and Technology in return for a small share in OCE.
Zhuhai Orbita supplies OCE with components and OCE supplies parts to the Chinese space programme. Tony Cahill, Vice-President sales at OCE, said the investment will help spur its next stage of growth, by launching in the U.S. The firm is in “early stage” talks with SpaceX and other private companies in the US.