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SATELLITE MANUFACTURING · OPERATOR PROFILE · DATA AS OF 2026-06-10

AZUR SPACE Solar Power

Active Satellite Manufacturing Subsidiary HQ: Heilbronn, Germany Founded 1964

Heilbronn-based world leader in III-V multi-junction space solar cells for European institutional and commercial missions, owned since Nov 2021 by Canadian specialty-semiconductor firm 5N Plus - a vertical integration of the germanium-substrate supply chain.

58.1
ARI Composite
Low-Moderate Risk
#10 of 56
Peer Rank
Manufacturing cohort
Total Launches
No flights tracked
Estimated valuation
Not disclosed

FINANCIAL HEALTH

58.1
ARI composite · Low-Moderate Risk
Peer rank#10 of 56
Peer groupManufacturing
Data coverage45%

SECTOR POSITION

Rank within sector#10 of 56
Tracked peers56

REGISTRY DATA

Legal nameAZUR SPACE Solar Power GmbH
OwnershipSubsidiary
HeadquartersHeilbronn, Germany
CountryDE
Founded1964
Parent5N Plus Inc.
AliasesAZUR SPACE Solar Power, AZUR SPACE, Azur Space
Key programsIII-V multi-junction space solar cells
Gov customersESA
IPO statusN/A - subsidiary of 5N Plus (TSX-listed parent)

Source: space_company_registry.json · Operator homepage → · 5N Plus release documents the EUR 74.6M acquisition (closed Nov 2021); ESA-qualified supplier per ESA connectivity portal.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.