Startup
Japanese startup aborts Kairos No. 3 rocket flight after liftoff
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Japan's private space company Space One launched its Kairos No. 3 rocket on March 5 from Space Port Kii in Wakayama Prefecture but aborted the flight minutes later. This marks the third setback for the firm aiming to be the first private Japanese entity to place satellites into orbit.
Founders Anne and Stefan Lemcke have unexpectedly bought back the majority stake in their spice startup Ankerkraut from Nestlé. The transaction was announced in a press release on April 15. Financial details remain confidential.
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German AI translation firm DeepL from Cologne is reportedly planning a US IPO with a valuation of up to five billion dollars. A Handelsblatt investigation raises doubts about its financial forecasts and internal culture. Former managers and experts question the growth narrative.