Tag: Space Industry
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Taiwan Space Agency Awards Avio Launch Contract for FORMOSAT Earth Observation Satellites
Taiwan’s space agency has selected Italian launch provider Avio to deploy four Earth observation satellites under its FORMOSAT programme, strengthening international cooperation in satellite launch services and marking a key step in Taiwan’s expanding space ambitions. The Taiwan Space Agency (TASA) confirmed that Avio will be responsible for launching the FORMOSAT-8C and 8D satellites, as…
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ESA Proposes €22.25 Billion Budget for 2026–2028, Driven by New Security Programme
The European Space Agency (ESA) has proposed a budget of €22.254 billion for the 2026–2028 period, marking a sharp increase from €16.9 billion allocated in the previous three-year funding cycle, as Europe seeks to strengthen both its commercial space sector and its security-related capabilities. A major contributor to the proposed expansion is ESA’s newly created…
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HyPrSpace Secures €21 Million to Advance Baguette One Suborbital Launcher
French launch startup HyPrSpace has raised €21 million in a Series A round to accelerate development of its Baguette One suborbital rocket, which is targeting a first flight in late 2026. The financing increases the company’s total backing to more than €57 million, including earlier funding under the France 2030 initiative. The latest round was…