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The competition heats up: The European Space Agency today gave its final approval to the deal that will have Airbus Safran Launchers design, build, and essentially own the new Ariane 6 rocket that ESA hopes to use to compete in the launch market in the 2020s.
This deal essentially closes the book on Arianespace. Though it officially still exists, it will be Airbus Safran that will be running the show in the future.