ArianeGroup demands more money from ESA for Ariane-6
ArianeGroup is now in negotiations with the European Space Agency (ESA) to get a significant increase in the money ESA is pays for the new as-yet unlaunched Ariane-6 rocket.
A few weeks before a space summit which will take place on November 7 in Seville, [ArianeGroup] is negotiating a very clear reassessment of support for the operation of Ariane 6. [It] is asking 350 million euros per year from the States members of the ESA. That’s an incredible increase of 150%.
The problem for ArianeGroup and ESA is that Ariane-6 is expendable (a joint decision by ESA and ArianeGroup back in 2015 that was then a bad mistake), and thus is too expensive. It can’t compete in the modern launch market with SpaceX, and has thus had trouble finding customers.
As a result, ESA will likely pay out these big bucks for the next few years, but the situation creates a big opening for the new European startup rocket companies (PLD, Rocket Factory Augsburg, Isar, and HyImpulse) that are right now developing new small rockets. Like SpaceX in 2010, they have an opportunity to undercut the established government rockets of ESA, and grab market share. To do this however they need to become operational as soon as possible.
Since there are strong signs that ESA is looking to help these new companies, we should see some interesting competitive action in European rocketry in the next few years.
Hat tip to BtB’s stringer Jay.
ArianeGroup is now in negotiations with the European Space Agency (ESA) to get a significant increase in the money ESA is pays for the new as-yet unlaunched Ariane-6 rocket.
A few weeks before a space summit which will take place on November 7 in Seville, [ArianeGroup] is negotiating a very clear reassessment of support for the operation of Ariane 6. [It] is asking 350 million euros per year from the States members of the ESA. That’s an incredible increase of 150%.
The problem for ArianeGroup and ESA is that Ariane-6 is expendable (a joint decision by ESA and ArianeGroup back in 2015 that was then a bad mistake), and thus is too expensive. It can’t compete in the modern launch market with SpaceX, and has thus had trouble finding customers.
As a result, ESA will likely pay out these big bucks for the next few years, but the situation creates a big opening for the new European startup rocket companies (PLD, Rocket Factory Augsburg, Isar, and HyImpulse) that are right now developing new small rockets. Like SpaceX in 2010, they have an opportunity to undercut the established government rockets of ESA, and grab market share. To do this however they need to become operational as soon as possible.
Since there are strong signs that ESA is looking to help these new companies, we should see some interesting competitive action in European rocketry in the next few years.
Hat tip to BtB’s stringer Jay.