{
}
The new European Commissioner for Defence and Space, Andrius Kubilius, aims to enhance European competitiveness and security in space, focusing on a long-awaited space law expected in 2025. This law will address satellite deorbiting, debris removal, and unify fragmented national regulations. Kubilius also emphasizes the need for increased funding and improved access to space, while maintaining flagship programs like Copernicus and Galileo.
United Launch Alliance (ULA) is advancing its Vulcan rocket's reusability through the Sensible Modular Autonomous Return Technology (SMART), focusing on recovering the engine section. Meanwhile, European companies like PLD Space are developing reusable launch vehicles, aiming for profitability and sustainability, with Miura 5 set to launch in 2025. The industry is witnessing varied approaches to reusability, with some companies prioritizing it while others remain skeptical about its necessity for survival.
At the International Astronautical Congress, SpaceX's recent Starship flight showcased significant advancements in rocket reusability, crucial for upcoming missions like NASA's Artemis 3. While the success was celebrated, it raised concerns among European space agencies about their competitive edge in the evolving space economy. European leaders acknowledged the need for strategic positioning and investment to keep pace with developments driven by SpaceX's innovations.
Josef Aschbacher
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
new eu space commissioner outlines priorities for upcoming space law and initiatives
19:17 01.12.2024
emerging trends in rocket reusability and competition in space industry
United States Dollar
SpaceX
ArianeGroup
United Launch Alliance LLC
Rocket Lab USA, Inc.
Blue Origin
USA
DEU
ESP
FRA
Tory Bruno
Dave Limp
Devon Papandrew
Josef Aschbacher
Jarrett Jones
Show more
14:00 11.11.2024
spacex starship flight sparks global reactions at international astronautical congress
United States Dollar
SpaceX
Rocket Factory Augsburg AG
USA
Bill Nelson
S. Somanath
Josef Aschbacher
Show more
00:19 20.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Government Economic Policies
Fintech Startups
Industry Mergers & Acquisitions
Private Equity Deals
Venture Capital Investments
CEO Changes
AI Applications
Funding Rounds & Investments
Economic Indicators
Emerging Startups
Corporate Social Responsibility
Inflation and Monetary Impact
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
NVIDIA Corp
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
OpenAI ERC USD
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Egyptian Pound
Saudi Riyal
Brazilian Real
Qatari Riyal
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
Swiss Franc
New Zealand Dollar
People: