KKR will become a leading investor in RFA alongside the existing strategic investor OHB

ž  New convertible debt investment comes after RFA’s successful completion of its upper stage hot fire test in May 2023, which was the first of its kind in Europe

ž  With the capital from KKR, RFA will bring its RFA ONE micro launcher to the launchpad at SaxaVord Spaceport in Scotland

ž  RFA offers cost-effective and flexible launch services to space as global demand for access to space rises



Augsburg, Germany –  August 7th 2023. Launch service provider Rocket Factory Augsburg AG (RFA) today announced that it has raised a €30 million investment from KKR, a leading global investment firm. The fresh funding is a vote of confidence for RFA as global demand for access to space continues to grow. The investment will facilitate RFA’s upcoming integrated first stage test and complete the company’s launch pad at SaxaVord Spaceport in Scotland, to eventually bring the RFA ONE microlauncher to the launchpad. The first flight is scheduled for Q2 2024. With its €30 million convertible bond investment, KKR will become a leading investor in RFA alongside the existing strategic investor OHB.


Stefan Tweraser, CEO at RFA: “We aim to provide cost-effective access to space and data-generating business models in space for monitoring, connecting, and protecting our planet. This new financing reflects confidence in RFA and validates our cost-efficient approach and technical achievements. Partnering with KKR as a long-term investor makes us proud – their financial resources, global network and industrial expertise will accelerate our mission, and support RFA towards our first launch next year and beyond.”


As global demand for cost-effective and flexible launch services to access space rises, RFA’s launch service offering is ideally positioned to benefit from this market opportunity. KKR’s investment follows the company’s successful completion of its upper stage hot fire test in May 2023, the first of its kind in Europe. This underlines investors’ trust in the business model of RFA, which prioritizes speedy and sustainable growth and maintains strong investment value for existing and new investors, and extends RFA’s technology and cost leadership.


Christian Ollig, Partner and Head of the DACH region at KKR: “KKR is excited to support RFA in its efforts to revolutionize access to space, which is crucial for emerging technologies that will shape our future. The team’s exceptional track record of achieving technical milestones and their unwavering focus on cost leadership are precisely the right strategy for future success in the global marketplace. We look forward to supporting RFA on its growth path.”


KKR’s investment comes from a holding company owned by its newest European private equity fund, KKR European Fund VI.




About Rocket Factory

Rocket Factory Augsburg was founded in 2018 with the vision to enable data generating business models in space to better monitor, protect and connect our planet Earth. The company’s goal is to offer launch services of up to 1.300kg into low Earth orbits and beyond on a weekly basis at highly competitive prices. RFA wants to democratize access to space and reduce the launch costs in the space industry. The RFA ONE launch service combines three key competitive advantages: A customer-focused service with precise in-orbit delivery and a high degree of mission flexibility through its Redshift OTV; at a highly competitive price; made possible by superior staged combustion technology, low-cost stainless-steel structures and usage of industrial components. In June 2023, RFA became the first company in Europe to hot fire a complete staged combustion engine upper stage over its entire flight duration. Including this milestone, RFA has invested a total of less than €50m.

For more information, please visit: www.rfa.space


About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.



Media Contact:

Jonas Kellner                                                                         

Phone: +49 821 999576-21                                               

Email: jonas.kellner@rfa.space                                       


Rocket Factory Augsburg AG

Berliner Allee 65

86153 Augsburg



Chairman of the Supervisory Board: Jean-Jacques Dordain

Board of Directors: Stefan Tweraser, Stefan Brieschenk, Jörn Spurmann

Seat of the company: Augsburg

Registry Court: AG Augsburg, HRB 34251

USt-ID/Tax-ID: DE319402838


Media Relations KKR:


Thea Bichmann

Tel.: + 49 (0)172 13 99 761

E-Mail: kkr@fgsglobal.com


Emily Lagemann

Tel.: + 49 (0)160 992 713 35

E-Mail: kkr@fgsglobal.com



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