Close Menu
Stratnews GlobalStratnews Global
    Facebook X (Twitter) Instagram
    Trending
    • Heat, Floods, and Cyclones: New Risks Shaping India’s Economy
    • Why India’s Carb Heavy Diet Could Derail Its Growth Story
    • ISRO’s BlueBird-6 Launch: A Game-Changer for India’s Global Space Leadership
    • Bannon, Beck Join Global Call to Pause Superintelligent AI
    • Elon Musk and NASA Head Sean Duffy Trade Blows in Space Race Dispute
    • Leonardo, Airbus and Thales Set to Merge Satellite Units in 10-Billion-Euro Deal
    • NASA Opens Moon Lander Contract to Rivals as SpaceX Faces Delays
    • RBI’s New Playbook: Trusting Banks, Empowering Business
    Stratnews GlobalStratnews Global
    Write for Us
    Thursday, October 30
    • Space
    • Science
    • AI and Robotics
    • Industry News
    Stratnews GlobalStratnews Global
    Home » ESA Strengthens European Launch Startups with €44 Million Boost!

    ESA Strengthens European Launch Startups with €44 Million Boost!

    Arushi PandeyBy Arushi PandeyNovember 20, 2024 Space No Comments3 Mins Read
    ESA

    European Space Agency Boosts Funding for Launch Vehicle Startups

    The European Space Agency (ESA) is injecting additional funds into four launch vehicle startups to aid the development and testing of their rockets. Through its “Boost!” programme, ESA has extended contracts worth €44.22 million ($46.7 million) to HyImpulse, Isar Aerospace, Orbex, and Rocket Factory Augsburg (RFA).

    Supporting ESA Launch Ambitions

    These funds aim to bolster Europe’s emerging space industry as companies prepare for their inaugural launches. “Europe’s emerging commercial launch service providers are pushing towards their first launches,” said Toni Tolker-Nielsen, ESA’s director of space transportation. “We are very interested to see their rockets deliver.”

    Isar Aerospace announced it has secured €15 million from this funding. The company will use the investment to test its Spectrum small launch vehicle, planning its first two flights. While Isar initially aimed for Spectrum’s debut by year-end, recent updates on its launch progress remain unavailable.

    Orbex and HyImpulse Advance Key Projects

    Orbex received €5.6 million to continue testing its Orbex Prime microlauncher. CEO Phil Chambers highlighted that the funding allows Orbex to take significant steps toward its inaugural launch, anticipated in 2025.

    HyImpulse was allocated €11.8 million for its SL1 orbital launch vehicle. This funding will support development of a hybrid engine, advanced avionics, and a third-stage propulsion system. CEO Christian Schmierer expressed optimism, noting the investment aligns with the growing demand for small satellite launches.

    RFA Rebuilds After Setback

    Rocket Factory Augsburg, which lost the first stage of its RFA ONE rocket in an August static-fire test, also received €11.8 million. The funds will enable the company to rebuild the stage and resume testing. RFA’s Chief Commercial Officer Jörn Spurmann called Boost! “a crucial investment in Europe’s future space access.”

    Addressing European Space Independence

    The funding comes as Europe continues to grapple with its reliance on non-European launch providers. Despite progress, such as the inaugural Ariane 6 launch in July and the anticipated return of Vega C in December, concerns persist about Europe’s autonomy in space access.

    Stella Guillen, Chief Commercial Officer of Isar Aerospace, emphasised the need for structural changes. “To become competitive globally, we need institutions and governments to clearly shift from funding the development to becoming frequent customers,” she said.

    Phil Chambers echoed the sentiment during a panel at Space Tech Expo Europe. He argued that Europe must invest in sovereign capabilities to secure its place in the global space industry. “Never let a good crisis go to waste,” he concluded.

    Author

    • Arushi Pandey
      Arushi Pandey

      View all posts
    Featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram WhatsApp
    Arushi Pandey

      Keep Reading

      ISRO’s BlueBird-6 Launch: A Game-Changer for India’s Global Space Leadership

      Bannon, Beck Join Global Call to Pause Superintelligent AI

      Elon Musk and NASA Head Sean Duffy Trade Blows in Space Race Dispute

      Leonardo, Airbus and Thales Set to Merge Satellite Units in 10-Billion-Euro Deal

      NASA Opens Moon Lander Contract to Rivals as SpaceX Faces Delays

      China’s SiCarrier Subsidiary Launches EDA Tools to Cut Foreign Tech Reliance

      Add A Comment
      Leave A Reply Cancel Reply

      Anti Drone System (CUAS)
      Latest Posts

      Heat, Floods, and Cyclones: New Risks Shaping India’s Economy

      October 30, 2025

      Why India’s Carb Heavy Diet Could Derail Its Growth Story

      October 23, 2025

      ISRO’s BlueBird-6 Launch: A Game-Changer for India’s Global Space Leadership

      October 23, 2025

      Bannon, Beck Join Global Call to Pause Superintelligent AI

      October 22, 2025

      Elon Musk and NASA Head Sean Duffy Trade Blows in Space Race Dispute

      October 22, 2025

      Leonardo, Airbus and Thales Set to Merge Satellite Units in 10-Billion-Euro Deal

      October 21, 2025

      NASA Opens Moon Lander Contract to Rivals as SpaceX Faces Delays

      October 21, 2025

      RBI’s New Playbook: Trusting Banks, Empowering Business

      October 16, 2025

      China’s SiCarrier Subsidiary Launches EDA Tools to Cut Foreign Tech Reliance

      October 15, 2025

      India’s AI Startups Like LimeChat Transform Customer Service and IT Jobs

      October 15, 2025

      Subscribe to News

      Get the latest sports news from NewsSite about world, sports and politics.

      • Astronomical Events
      • Space Missions
      • Industry News
      • Science
      StratNewsGlobal Tech
      Facebook X (Twitter) Instagram LinkedIn YouTube
      © 2025 StratNews Global, A unit of BharatShakti Communications LLP
      • About Us
      • Contributors
      • Copyright
      • Contact
      • Write for Us

      Type above and press Enter to search. Press Esc to cancel.

      ×