Orbex Trails Other European Launcher Challenge Companies as U.K. Delays Funding Decision

Orbex trails other European Launcher Challenge companies as U.K. delays funding decision

Orbex received far less funding than the other four ESA European Launcher Challenge companies after the U.K. deferred a decision on funding allocations. The post Orbex trails other European Launcher Challenge companies as U.K. delays funding decision appeared first on SpaceNews.

Breaking Down Europe’s Launch Funding

This week, ESA published its “Document 100” breakdown. This shows funding commitments made by ESA contributing states to each line item on the agency’s €22.07B budget for the next three years. Member states pledged €902.2M as part of the European Launcher Challenge (ELC) to fund five launch companies’ attempts to set up reliable paths to orbit—Germany’s Isar Aerospace and Rocket Factory Augsburg (RFA), France’s Maiaspace, Spain’s PLD Space and t…

UK invested in Orbex in January, ditched it in November & will decide where to put $131M in unallocated ESA launcher funds

TUPPER LAKE, NY — The European Space Agency (ESA) European Launcher Challenge proved remarkably popular among…