80 FOMO
Europe just wrote a €900M check to build its own SpaceX
Original: ESA Member States Commit €902M to European Launcher Challenge
AI Executive Summary
At CM25 in November 2025, ESA member states committed €902.16M across five ELC companies: Isar Aerospace (€178.85M), RFA (€175.21M), MaiaSpace, PLD Space (Spain allocated €169M), and Orbex. Companies must achieve orbital launch by 2027. Framework contracts to be signed in 2026.