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Payload Aerospace News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rocket deal struck

An agreement to develop a new factory in Elche to produce rockets for flights into space has been signed by the regional government, city hall and local company Payload Aerospace (PLD Space). They will be able to launch small satellites into orbit from their recoverable rockets. The new headqu

Reusable Launch Vehicles Market Size to Grow by USD 959 44 million | Airbus SE and China Aerospace Science and Technology Corp among Key Vendors

Aerospace Composites Market Size Forecast to Reach Around $41 Billion by 2025

Aerospace Composites Market Size Forecast to Reach Around $41 Billion by 2025 Growing Demand From Space and Aeronautics Industries Driving the Growth of Aerospace Composites Market BriefingWire.com, 12/29/2020 - Aerospace Composites Market size is forecast to reach around $41 billion by 2025, after growing at a CAGR of 10.5% during 2020-2025. Composites are material made up of two or more substances with different physical and chemical properties. Surging demand of composites for making aircraft parts due to its exceptional strength and heat bearing capacity is driving the growth of aerospace composites market. Whereas, growing uses of composites in military & defense sector for manufacturing of fighter jets and missiles also boosts the growth of market.

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