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European space companies are urging governments to take more risks by purchasing services from startups instead of relying on grants, which often lead to stagnation. Industry leaders emphasize the need for competitive contracts similar to those in the U.S., where federal agencies actively support innovation. While European firms have a strong technological base, they require better access to capital to prevent talent and technology from migrating to the U.S.
The European Space Agency has awarded 44.22 million euros to four launch startups—HyImpulse, Isar Aerospace, Orbex, and Rocket Factory Augsburg—through its “Boost!” program to support integrated vehicle testing. Isar Aerospace will use 15 million euros for its Spectrum small launch vehicle, while Orbex received 5.6 million euros for its Orbex Prime, aiming for a 2025 launch. The funding reflects Europe's push for enhanced launch capabilities amid growing concerns over reliance on external providers like SpaceX.
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