Welcome to Edition 8.03 of the Rocket Report! We are at an interesting stage in Europe, with its efforts to commercialize spaceflight. Finally, it seems the long-slumbering continent is waking up to the need to leverage private capital to drive down the costs of space access, and we are seeing more investment flow into European companies. But it is critical that European policymakers make strategic investments across the industry or companies like PLD Space, which outlined big plans this week, will struggle to get off the launch pad. As always, we welcome reader submissions, and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets, as well as a quick look ahead at the next three launches on the calendar. Avio celebrates freedom from Arianespace. Representatives from Italy, Germany, and France met at the European Space Agency headquarters last week to sign the Launcher Exploitation Declaration, which officially began the transfer of Vega C launch operation responsibilities from Arianespace to the rocket’s builder, Avio, European Spaceflight reports. "It is a historic step that reinforces our nation's autonomy in access to space and assigns us a strategic responsibility towards Europe," said Avio CEO Giulio Ranzo. "We are ready to meet this challenge with determination, and we are investing in technologies, expertise, and infrastructure to ensure a competitive service." A breaking of long-term partnerships ... In addition to securing control over the full exploitation of the Vega launch vehicle family, Italy, through Avio, is also investing in what comes next. The country has committed more than 330 million euros to the development of the MR60 methalox rocket engine and two demonstrator vehicles. These, along with the MR10 engine being developed under the Vega E programme, will support Avio’s preparation of a future reusable launch vehicle. Historically, France, Germany, and Italy have worked together on European launch vehicles. This appears to be another step in breaking up that long-term partnership toward more nationalistic efforts.