Meet the 5 space tech firms vying to be Europe's next launch provider
Briefly

The European Launcher Challenge (ELC) is initiated by the European Space Agency (ESA) to enhance Europe's access to space. Five rocket companies have been selected to compete for contracts aimed at providing launch services between 2026 and 2030 and demonstrating upgraded capabilities. The challenge arises after the retirement of the Ariane 5 rocket left ESA without independent access, relying instead on SpaceX. ESA intends to invest up to €169 million per participant to foster autonomy and revive European space capabilities through this initiative.
The European Launcher Challenge (ELC) aims to expand Europe's pathways into space in response to the limited access experienced after the retirement of Ariane 5.
ESA has earmarked up to €169 million per participant for companies competing in the ELC, seeking to boost independent launch capabilities in Europe.
Read at TNW | Deep-Tech
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