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ISAR AEROSPACE SECURES 200 MILLION EUROS FROM EUROPEAN SPACE AGENCY

  • NEWS Desk Global
  • 9 hours ago
  • 1 min read

German rocket startup Isar Aerospace has secured about 200 million euros ($233 million) from the ​European Space Agency (ESA) under a programme aimed ‌at boosting Europe's launch industry, the company said on Thursday.

The funding comes as European governments seek to increase launch ​capacity to reduce dependence on SpaceX, which dominates ​the global market, and to secure independent access ⁠to space for civil, commercial and defence missions.

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