Europe announces new space launcher project

Photo by NASA

The next generation space launchers aim to boost Europe´s role in commercial and government satellite markets: Report 

A new generation European space launcher project has been announced after France, Germany and Italy reached an agreement on Tuesday, November 22. According to a report by the Associated Press, Europe is aiming to seek a bigger share of the space market through this initiative. The decisions are also being taken to better compete with the American and Chinese rocket projects, the report said.  

Meanwhile, the three governments have not specified the amount they will be reserving from public funding for this plan. The report said the amount will be relative to the economic conditions and market prices for all aspects of the project.  

“The next-generation Ariane and Vega launchers will be used to boost Europe’s role in the commercial and government satellite markets”, said, Bruno Le Maire French Finance Minister, the report adds.  

The report also stated, the governments of the three countries will be meeting at the European Space Agency in Paris. The agency is scheduled to make an announcement for a new and diverse team of astronauts. This would also include, the report adds, the first disabled astronauts.  

The governments have also reached an agreement to develop mini and micro rocket launch systems, made in Europe, the report said.

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