Tech News
← Home  ·  All topics

Rocket Report

2 GoKawiil briefs on this topic

Avio sees demand surge as SpaceX pauses new Falcon 9 bookings

Italian launch provider Avio says it is fielding a wave of new customer inquiries after SpaceX told several prospective clients it would not accept new commercial Falcon 9 orders. Avio CEO Giulio Ranzo said some of these spurned customers lobbied European institutions at the International Space Summit in Paris for subsidies to offset the higher cost of flying on Europe's Vega C, which reportedly runs about $60 million per launch.

Isar Aerospace Reaches Orbit, Becomes First Commercial European Launch Firm

German startup Isar Aerospace successfully launched its Spectrum rocket into low-Earth orbit on its second attempt, flying from a Norwegian spaceport in the Arctic Circle. Founded in 2018 by three university students, the company has raised roughly $1 billion and grown to nearly 500 employees over eight years to reach this milestone.