2021-04-26 15:35:46 GMT2021-04-26 23:35:46(Beijing Time) Xinhua English
LISBON, April 26 (Xinhua) -- A joint venture formed by the German Rocket Factory Augsburg AG (RFA) and the Portuguese Engineering and Development Center (CEiiA) will develop and produce space launcher systems in Portugal, according to a joint press release of RFA, CEiiA and the AICEP Portugal Global, a government trade and investment agency, on Monday.
The project, with a total investment of 9 million euros (10.9 million U.S. dollars) over three years, includes the production of primary structures for micro launchers, as well as support structures for the propulsion system.
According to Portuguese Minister of Science, Technology and Higher Education Manuel Heitor, the initiative opens a "new phase in the Portuguese strategy for space."