ESA Boosts European Space Race with €44M for Startup Launchers
November 21, 2024While Germany and the UK benefit from this funding, companies from France and Spain, such as Latitude and PLD Space, are excluded due to their non-participation in the Boost initiative.
The ESA intends to act as an impartial arbiter in this emerging competition, which is crucial as the European Commission seeks a more active role in space affairs.
Isar Aerospace is conducting tests on its Spectrum launcher, supported by over €15 million in ESA funding, aiming for its first flight by the end of 2024.
The European Space Agency (ESA) has announced continued funding for four startups as part of its Boost program, which aims to enhance the commercial space sector in Europe.
This initiative includes a total budget of €44.22 million allocated to support the development of mini-launchers, with the first launches expected in the coming months.
This funding decision follows the November 2023 Sevilla summit, where ESA member states, particularly Germany, emphasized the need for a competitive environment in the European launcher market.
Recognizing the critical months leading up to a first flight, the ESA aims to support companies that face high operational costs without immediate revenue.
Orbex plans to use €5.6 million in funding for its Prime launcher's demonstration flight, scheduled for 2025, focusing on essential development steps.
Contract extensions have been signed with HyImpulse, Isar Aerospace, Orbex, and Rocket Factory Augsburg (RFA) to aid their preparations for launch.
HyImpulse is developing its SL1 launch vehicle with €11.8 million in ESA funding to enhance its subsystems and propulsion technologies.
Orbex is making progress towards its first launch, with ESA support facilitating crucial testing and qualification processes.
Notably, France opted out of the Boost program, highlighting the increasing competition among European nations to establish leading space companies.
Summary based on 2 sources