Page 38 - Tim Hepher News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Italy, France and Germany on Monday have reached a deal underpinning future launches of the delayed Ariane 6 and Avio's smaller Vega-C rockets, Italy's industry minister said. Europe's new heavyweight launcher built by ArianeGroup - an Airbus-Safran joint-venture - has been delayed by technical glitches and is due to stage its first test launch in 2024, four years behind the original plan. Beyond resolving the immediate technical problems, European states have been at odds over medium-term budgets and schedules stretching beyond the first 15 flights of Ariane 6.

French Finance Minister Bruno Le Maire on Monday hailed a new agreement on space launches between France, Germany and Italy, saying it secured funding for 42 launches of the delayed Ariane 6 and a return to service for Italy's grounded Vega-C. The agreement covers the second batch of Ariane 6 launches after previous commitments covered an inaugural test flight, recently delayed to 2024, and 14 commercial launches. The deal between Europe's three leading launch nations also clarifies usage of the European spaceport in French Guiana and opens up competition to future launchers, Le Ma...

Europe is poised to challenge the private sector to develop rockets and a new generation of space entrepreneurs, its top space official said on Monday, marking a tentative step towards matching the...

French Finance Minister Bruno Le Maire on Monday hailed a new agreement on space launches between France, Germany and Italy, saying it secured funding for 42 launches of the delayed Ariane 6 and a return to service for Italy's grounded Vega-C. The agreement covers the second batch of Ariane 6 launches after previous commitments covered an inaugural test flight, recently delayed to 2024, and 14 commercial launches. The deal between Europe's three leading launch nations also clarifies usage of the

France's Thales on Tuesday posted a 7.5% underlying rise in nine-month revenues to 12.854 billion euros , led by resurgent demand for jetliner components and military equipment. ...