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German Startups Launch Mini-Rocket Challenge to SpaceX and Co.

EUROPE, JUL 7 – The European Space Agency will allocate up to €169 million per company to develop new sovereign European launch capabilities and increase competitiveness, selecting five firms for phase two.

Summary by The Register
Comment: Oodles of euros on offer for not accidentally blowing up stuff

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The startup has the support of the CDTI. This strategic initiative plans to award up to 169 million euros per company

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European Spaceflight broke the news in on Monday, July 7, 2025.
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