Isar Aerospace signs contract with ESA as first German company under ESA C-STS
by Staff Writers
Munich, Germany (SPX) Nov 04, 2020
Isar Aerospace has signed contracts under the first funding programme for commercial space transportation companies by the European Space Agency (ESA) in Europe. As part of the Commercial Space Transportation Services and Support Programme (C-STS) called "Boost!", Isar Aerospace gets a funding of 500.000 Euros to finance the development of test rig systems and further expand capabilities in its newly opened production site in Ottobrunn/Munich. According to ESA, Isar Aerospace is the first German company to sign contracts under C-STS.
"We are very happy that ESA starts to fund commercial space transportation initiatives, which are rooted and developed in and for Europe. There would be no SpaceX without NASA. And there will be no European equivalent without European state support.
Therefore, we regard this as a first important step into the right direction", says Daniel Metzler, CEO of Isar Aerospace.
Isar Aerospace is the only privately-financed European space company which offers a completely in-house developed launch vehicle suitable for entire satellite constellations - one of the most promising and important sectors of the global space industry.
Isar Aerospace has developed its rocket from scratch and thereby ensures that the entire added value is generated within the European Union.
The "Boost!" programme was initiated by a microlauncher competition, introduced by the German Ministry of Economic Affairs and Energy and designed by the German Aerospace Center.
In the main round, two German space start-ups will be funded with 11 million Euros each to provide European companies and institutions with flexible and cost-efficient access to space.
Rocket Lab launches 15th Mission - deploys sats Planet and Canon
Mahia, New Zealand (SPX) Oct 30, 2020
Rocket Lab, a space systems company and the global leader in dedicated small satellite launch, has successfully launched its 15th Electron mission and deployed Earth-imaging satellites for Planet and Spaceflight Inc. customer Canon Electronics. The mission was Rocket Lab's fifth for this year, making Electron the second-most frequently flown U.S. launch vehicle in 2020. The 'In Focus' mission launched from Rocket Lab Launch Complex 1 on New Zealand's Mahia Peninsula at 21:21 UTC, 28 October 2020. ... read more
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