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Chapter 22 of 48Space & aerospace4 min read · 1 exhibits

Europe II: The Launcher Challenge

Can Europe create competitive launch companies?

Chapter summary

€902M subscribed; three contracts signed in August 2026; Isar reached orbit on 5 September 2026.

Key takeaways

  1. 1

    ESA now buys services from start-ups, NASA-style.

  2. 2

    Each company must reach orbit by about the end of 2027.

  3. 3

    Scaling to medium, reusable lift is the real test.

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This chapter (1 exhibits, 949 words) is part of Space & aerospace. Space access opens every chapter of all 11 Space reports, with the interactive models, Excel downloads, Ask and named Atlas records.

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