Portuguese Space Tech Startup Neuraspace Secures €15.6 Million to Advance AI-Powered Satellite Tracking Platform

Portuguese space technology startup Neuraspace raised €15.6 million from private investors and Portuguese recovery funds to expand its AI‑driven Space Domain Awareness and Space Traffic Management platform, boosting capabilities for commercial, institutional and defence satellite operators.

Spanish Biotech Catalyxx to Build €120 Million Bio-Based Chemicals Plant in Portugal

Spanish energy startup Catalyxx announced that it will build a €120 million commercial‑scale bio‑based chemicals plant in Sines, Portugal. The project, part of a broader European push for circular bio‑based industries, is funded by private capital and public sources, including a €20 million grant from the Circular Bio‑based Europe Joint Undertaking. The plant will produce drop‑in, carbon‑negative chemicals such as butanol, hexanol and octanol, aiming to replace fossil‑derived counterparts and reduce CO₂ emissions by about 105,000 tonnes per year. Construction is slated to start in Q4 2026.

Lisbon-based BIZAY Secures €48.75 Million in Series D Funding to Expand US Operations and Build AI Infrastructure

Lisbon-based BIZAY, a technology platform for customized products, raised €48.75 million in Series D funding led by Indico Capital Partners. The company is on track to surpass €87.4 million in revenue and achieve profitability for the first time. Funds will support expansion in the US, market consolidation, and AI-driven infrastructure development.

Pedro Castro e Almeida Named CEO of the Year at Lisbon’s Investor Relations and Governance Awards

The 38th Investor Relations and Governance Awards (IRGAwards) were held in Lisbon, celebrating excellence in investor relations and governance. Pedro Castro e Almeida, former CEO of Banco Santander Portugal, was named CEO of the Year. Guy Pacheco of CTT received the CFO award, and Vera Martins Bastos of Sonae won the Investor Relations Officer award. António da Silva Rodrigues, founder of Simoldes, received a Lifetime Achievement award. Emílio Rui Vilar was recognized for his contributions to Governance. Fundação Champalimaud won the sustainability award for its carbon footprint reduction project, and Ubbu received the transformation and innovation award for its digital literacy program in schools. The event also featured discussions on global economic uncertainty, the role of AI, and China’s economic strategy.

Portuguese Banking Giant BCP Surges Toward 1 Euro Per Share as Ageas and Fosun Circle Stakes

BCP stock rose 0.56% to 0.9616 euros, approaching the 1 euro mark and becoming the third largest company on the Portuguese stock exchange (PSI). The bank achieved a market capitalization exceeding 14 billion euros. Belgian insurer Ageas is evaluating a 5% stake acquisition while Chinese group Fosun explores options for its 20.45% stake. Shareholders approved distribution of 90% of profits through dividends and share buybacks totaling over 900 million euros. The bank earned over 300 million euros in Q1, surpassing analyst expectations.

Portuguese Healthcare Provider Lusíadas Saúde Becomes Main Sponsor of Lisbon Book Fair

Lusíadas Saúde became the main sponsor of the 96th Lisbon Book Fair (May 27 – June 14, 2026) in a three-year partnership with APEL. The partnership centers on health literacy and the connection between reading and health. Lusíadas Saúde will manage the medical post at the fair, name the central auditorium, and participate as premier sponsor of the Book 2.0 event in September 2026.

Azores Airlines Privatization Terms Require 75% Stake Sale With Employment Protections

The Azores Regional Government’s SATA administration proposed new privatization terms requiring the sale of at least 75% of Azores Airlines, with mandatory job protection for 30 months and commitment to maintain key routes and operational headquarters in the Azores. The process uses a private negotiation model instead of a public tender and must be completed by year-end per European Commission requirements.