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NASA Spaceflight

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ESA commits €543.6 million to three startups in first European Launcher Challenge contracts

The European Space Agency has awarded the first contracts under its European Launcher Challenge, committing €543.6 million to three European rocket startups. The initiative is intended to broaden Europe’s launch options beyond Ariane 6 and Vega-C, expanding the region’s commercial launch ecosystem.

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European Spaceflight

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HIE acquires Sutherland Spaceport assets after Orbex collapse, leaving site’s future uncertain

Highlands and Islands Enterprise has acquired the assets of Sutherland Spaceport Ltd following the collapse of launch company Orbex. The Scottish development agency has not yet determined what will happen to the spaceport, leaving the site’s operational and commercial future unresolved.

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SpaceX shares whipsaw around IPO price as Morgan Stanley cites $100 billion Louisiana spaceport plan

SpaceX’s stock has shown unusual volatility since its record IPO, with shares now largely flat for three weeks as options traders watch closely. Morgan Stanley says the company’s proposed $100 billion Louisiana spaceport could lift launch cadence and support a valuation it considers attractive, while early investors report returns exceeding 10x.

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