Rocket Factory Augsburg raises $33 million in private investment capital
The German startup Rocket Factory Augsburg revealed today that it has raised $32.9 million in private investment capital at the same time it has shifted the launch date for the first rocket launch of its RFA-1 rocket from this year into next.
That launch was scheduled to occur at the Shetland spaceport, Saxavord, and as recently as April 2023 officials there were saying that this launch would occur this year. In June however Rocket Factory signed a deal with France’s space agency to use its long abandoned launchpad in French Guiana. That same month I predicted the launch at Saxavord would not happen this year, possibly because of regulatory hurdles in the United Kingdom.
It appears those hurdles might have been part of the reason for Rocket Factory’s deal with France. It needs a place to launch, and it appears the UK’s government is not presently conducive to allowing such things to happen easily.
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The German startup Rocket Factory Augsburg revealed today that it has raised $32.9 million in private investment capital at the same time it has shifted the launch date for the first rocket launch of its RFA-1 rocket from this year into next.
That launch was scheduled to occur at the Shetland spaceport, Saxavord, and as recently as April 2023 officials there were saying that this launch would occur this year. In June however Rocket Factory signed a deal with France’s space agency to use its long abandoned launchpad in French Guiana. That same month I predicted the launch at Saxavord would not happen this year, possibly because of regulatory hurdles in the United Kingdom.
It appears those hurdles might have been part of the reason for Rocket Factory’s deal with France. It needs a place to launch, and it appears the UK’s government is not presently conducive to allowing such things to happen easily.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
How about Boca Chica?
What is the regulatory process (and “tech transparency”) for a European launcher to move ops to Boca Chica?