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German space startups propel development of mini rocket launchers

German space startups propel development of mini rocket launchers RFI 05 Aug 2021, 04:16 GMT+10 Three German startups are developing mini rocket launchers for the increasing number of small satellites which observe the Earth and provide connectivity for the internet of things and smart vehicles. At the end of July, German company Rocket Factory Augsburg (RFA) carried out a first successful test of its RFA One rocket, igniting the engine for eight seconds at its development site in Kiruna, Sweden. The rocket s staged combustion system is used by Elon Musk s SpaceX and Jeff Bezos s Blue Origin, but is yet to be rolled out in Europe.

Isar Aerospace extends Series B funding to $165m

Isar Aerospace becomes “most well-funded space start-up” in EU Isar, the Munich-based launch service provider for small and medium satellites, has extended its Series B funding to $165m. The round was led by HV Capital, Porsche SE, and Lombard Odier. There was also “substantial participation” from existing investors Earlybird, Lakestar, Vsquared Ventures, and Apeiron. It added $75m to the amount raised at the end of last year. With total financing of more than $180m Isar declares itself the most well-funded space start-up in the European Union. The funding will be used to invest in launch, testing, and manufacturing infrastructure for its largely automated rocket production. The company is expecting its first test flight in 2022.

German startups launch mini-rocket challenge to SpaceX and co

published : 4 Aug 2021 at 10:45 1 German company Rocket Factory Augsburg carried out a first successful test of its  RFA One rocket in July AUGSBURG (GERMANY) - Car-manufacturing powerhouse Germany is rushing to join the private sector space race as it looks to ride a boom in mini-launchers for small satellites and compete with major US firms such as SpaceX. Three projects in particular are making Germany a serious player in the race to provide mini-launchers for the increasing number of small satellites which observe the Earth and provide connectivity for the internet of things and smart vehicles. At the end of July, German company Rocket Factory Augsburg (RFA) carried out a first successful test of its RFA One rocket, igniting the engine for eight seconds at its development site in Kiruna, Sweden.

German Startups Launch Mini-Rocket Challenge To SpaceX, Others

German Startups Launch Mini-Rocket Challenge To SpaceX, Others
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